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Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...
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first thanks to bp for the boat load of knowledge, looking for advice or direction to a trusted professional on what steps i should take next. I am a ex carpenter who became disabled and currently live off of ssdi and...
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I am a licensed Realtor and I am looking into possibly getting my residential builders license. I see there is a 60 hr course to take, but what else is involved? Do I hold my own license, or do I need someone else ...
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Hi all, I've come across the following scenario which is a bit of web on a commercial property (auto related) I'm interested in.1) Property is not currently for sale, however, the owner is in default for two years a...
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I'm taking steps to buy my first rental property and I'm wondering if forming an LLC is worth it considering everything that I'd be protecting under the company would be protected with a good insurance policy. Acciden...
Hi All - I recently took over co-managing a portfolio of around 30 commercial property units which are a mix of retail and office. We are searching for a software that can enable us to easily collect rent payments onl...
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Buying properties is no easy task because the monthly amortization can be heavy on the pockets. And when word gets around that a particular friend bought properties, it is considered a financial success and a life upg...
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Hi all, I have a complicated (at least to me) umbrella policy question. I live in California and have an umbrella policy for my primary home, autos, etc. My wife recently became 25% owner of a vacation home (her 3 sib...
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Hi BP Members,I am in a not so common situation right now. I got into contract to buy an apartment in Contra Costa, County California around 26 days back. We got into contract as soon as the property came on the prope...
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I'm looking for a good landlord thermostat. In the multi-family I own, two furnaces heat four apartments, so there is no way for me to divide the heating bill amongst the tenants. So, my best bet is to make the apartm...