Shawn Adams
Airbnb insurance policy questions
Hi all,I am a new investor, running a successful Airbnb. I am using the model of renting a property and running the Airbnb out of that, and I have the owner's full support and permission to do so (he is a dear family ...
Alan Faitel
LLC questions back accounts
my wife has a single-member LLC, and I have a single-member LLC.Once in awhile, one or the other LLCs needs cash, Can one company write the other one a check? Or we have have to use are personal accounts to move the ...
Jinwoo Lee
Tacoma, wa area questions
Hello BP folks !I have some questions about the Tacoma, WA area. I know there are quite a few seasoned investors or folks who know this area well :)My question is... Are there any areas in Tacoma to avoid when pu...
Natalia Collini
FHA 203K loan questions
Good morning! I'm interested in getting an FHA 203k loan to purchase a 2-4 unit home with. Some of the things I've read online suggest that a bank will only lend you that money for a multiplex if you have some cash re...
Joe Edwards-Hoff
Making Homes Affordable Question
So, I thought someone could help give some direction on my dad's situation. He is recently unemployed and he owns a rental in my town with a pretty high interest/PMI. We were thinking that maybe he could move in there...
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Cap Rate Calculation Question
Ive come across a property in my city that is currently mixed use ( one office and 3 luxury apartments) listed at 399,900. Current Data are:
NOI using previous tax assessments is 37,000 per year
Annual Rents are 43,2...
Jack O.
California Capital Gains Question
Hello my wife and I are somewhat new investors in California. We've just sold a rental which was previously our primary residence. Our profit from that transaction was tax free, and now we're looking to buy a house to...
John Zuch
HELP! Owner Financing Question
We have a SFH under contract and want to ask the owner to owner finance it. (it's free and clear...has been sitting empty 2 yrs)
If he agrees, do we have to set it up in with conventional bank style terms (x...
Tom Scott
IRS.gov Property sale Question
A house just popped up in my farm area that is being sold at IRA auction next month. In order to bid, I need a cashiers check for 20% of my bid amount on site the day of the auction with the remainder to be paid withi...
Account Closed
Question about Note investing
I'm in the middle of analyzing a potential deal and trying to think of various "exits" I could take if the primary plan wouldn't work out. The numbers would work for a flip, but renting is probably not a good option,...