Brett Dudley
Advice on selling or continuing to rent
Looking for some advice on our current situation. One of our rentals (Michigan) has been being rented for $1300/month, the mortgage is $618 so it has cash flowed well. We have owned this home for 2 years. The tenant n...
Michael Wood
Im an existing tenant and home was bought at auction
Hi my name is Michael Wood from Castro Valley California I have a 5 year lease, and the house went into foreclosure and sold at auction . New owners plan on renovating a home and selling it back on the market . ...
Gerard Mangenot
Tax strategy question
I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...
Ronnie Boyd
Strongbrook.com
Has anyone here heard of or dealt with a company called Strongbrook ?
A member of my REI club has been pushing them, they offer "turnkey" investments" in Orlando, Vegas, and other markets.
They offer pr...
Dane Fenner
Seller has Investment Property that's Underwater
Hello BP,
I have been presented with an investment opportunity with a contingency.
Backgroud:
The seller is a family friend living in New York who happen to purchase a investment property In Atlan...
Alan Russell
Converting home to rental
I need to understand what happens to the equity (for tax purposes) if I convert a single family home to a rental property. Would this convert at a current tax cost basis? For instance if I purchased a home for 125K ...
Miya Scott
Real Estate Agent vs. For Sale By Owner
Hello BiggerPockets forum,I have an out of state investment property that cost me a little more than I anticipated and I am looking to save money by listing the property as for sale by owner. Any Precautions/hesitatio...
Azita S.
Need Advice on a Problem Property!
Last year I lost one of my rental properties due to fire. I had the structure raised and removed and don't plan on re-building. I've been having litter issues with people dumping their trash and old furniture, etc a...
Patrick E.
First Deal?
I got a couple of questions. First what was your first deal like??
And second I read somewhere on here that you can make money by getting contracts and then selling them to other investors. Can you guys explain this ...
Raja Ramu
DFW - homeowner insurance is expensive
I am under contract on a deal in Allen, TX and processing the loan. Its a rental property. Lender asked me to get a quote for home owner insurance. I reached out to few insurance company. Quotes came about $1400-$1800...