Alex Howard
Friends working for free have rights?
So in my current flip property we have my partners step dad coming in and volunteering his time working on the house with us. Sometimes we are not there and he brings his wife to help or just keep him company. My fath...
Paul Kluck
Best way to start investing in Real Estate with $100-$150k
Best way to begin in S. Florida Real Estate Several small homes or multi-family
Peter Phillip
Unpaid Water Bill in Buffalo NY
I made a stupid mistake. I sold a property at the end of 2018 and forgot to close my water account in the city of Buffalo. I just received a bill in my mail in my name ~$3,000 of the unpaid water bill. I know it is an...
Jay Clegg
Can I leverage a 401k for my first REI
I have an active employer contribution 401K and was wondering if I can leverage a loan from it to start with my first deal. The cool thing about it is this particular investment firm offers a 7.5% return to myself for...
Eric Dean
Questions about probate leads...
I've been looking at probate leads lately and I'm trying to develop a list and a pattern for obtaining the list but I have a few questions that I can't seem to find the answers to.. let me know if you can help.I get t...
John Grover
How to minimize tax on flip gain
I am curious what vehicles are being used to not pay capital gains tax.
Situation.. flipped house with LLC, will have six figures at closing in a couple months. Will I be relying solely on the expenses I can run t...
Chris Chappell
Rental Property Insurance on Townhome
I'm new to REI and I'm considering buying my first actual rental property. The property I'm considering is a townhome that has an HOA. On the MPLS it says the HOA covers Blanket Insurance as well as a few other thin...
Brandon Pierce
Condemned purchase in 2017 tax questions
I purchased a home from the city for 3k last year (nooby mistake as it was the only house on the list I didn't go look at personally) but I figured the land was worth that! house was condemned and needs a complete ove...
Michael Giuffre
How do bring on a partner post-acquisition?
Details on my somewhat unique situation:1.) I purchased a single family home last week, using a conventional 30y fixed mortgage in my name only. I put 20% down.2.) I intend to rent the property out to a tenant and it ...
Everett Yano
Homeowner's Insurance for SFR Househack renting 3 rooms
Hello BP,I bought a SFR 4 Bed 4 Bath in California that I plan to owner-occupy while renting out the 3 remaining rooms. I am currently looking for a Homeowner's Insurance policy. A common exclusion to coverage is rent...