Account Closed
Closing in LLC Question
Background: I have some buy and hold properties but I am doing my first wholesale. I have an LLC in another state where I do business, but want to keep that separate from my wholesaling.
My question...
Ravi Patel
First Investment Property/HouseHack Advice Needed
Hi! I am looking to purchase a multifamily home in central/north jersey while living in one of the units. I am considering anywhere really between Bergen county to Plainfield. I am considering 3/4 unit homes as those ...
David Pike
Bonus accelerated depreciation on a fix and flip
Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...
Jon H.
Building up on a value-add, single level, coastal CA duplex
I'm interested to hearing experiences from those on here that have invested in construction projects on properties they own. We've acquired a coastal duplex in Southern California and are looking at the options to ren...
Melissa Neil
Withholding rent in Florida
Hi there. I am pretty new to property management and have had a run of problems with a specific tenant recently. I am the owner of the property. I was notified that there was water damage and mold growth in the master...
Ozzy Ordonez
Myth: you can control your real estate
Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
Michael Tan
Confusion on HML Rehab Funding - What value am I getting?
Hey everyone! So I’m finding myself unable to wrap my head around a certain aspect of Hard Money Lending as I go through my first deal.I’m currently using an online HML provider, LimaOne, and received “Fix n’ Flip” fu...
Pierce Fonville
CO on a Backyard Pre-Fab? (State of Texas)
I would like to add a living space in the backyard of a rental such as a prefab tiny home or a "She House" with basic utilities for a shower, kitchen, and electricity. I am looking to do this in the midcities area bet...
Padric Lynch
Seller Placing A Tenant Before Purchase.... Without Asking
I am currently purchasing a 2-unit condo, that includes a studio and a 2bd 2bth unit. Closing will be mid-February. The studio became vacant in December. My plan was to raise rents and have the tenants start paying fo...
Abel Curiel
Guaranteed rental income during economic uncertainty
Hey BP community!I've come across so many landlords as of late who are in a tough spot due to NYC shutdowns, lockdowns, restrictions or whatever you want to call them. Tenants are out of work and eviction courts are h...