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Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...
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Howdy BPers -I'm looking to combine ranch land with STR cabins in central/east-central Texas. Does anyone have any experience with buying acreage below market value, rehabbing ranch land, or have financing tips for ac...
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As someone who has never invested in real estate, self-storage seems like a great way to break into real estate investing. What are your thoughts on this? From sourcing/analyzing deals to financing to cash flow. Is se...
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I've been running the numbers on my first primary residence that I will be moving out of in June. BLUF - this would be my first rental property and I'm on the fence about what to do with the home. I currently have ...
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Hypothetical Question.You have a renter and they are late with a payment. You charge them a late fee, but the next month, rent shows up on time but no added late fee. What do you do?Is it worth evicting someone over...
Do You Have What It Takes to Be a Landlord?No question about it—not everyone is cut out to be a landlord. Landlording requires a lot of skills and a certain state of mind—some not easily learned or adapted to. Can you...
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Hi, I'm new to the BP community and wanted to get your guys' take on getting more experience when just starting out. I'm currently a home owner and landlord of my property in South Texas. I do a mix of Airbnb and trad...
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In the process of closing on 4x SFH homes. C to C+ neighborhood with great cash flow. I have one unit that's unrented and another where the inherited tenant is consistently late and will likely have to move with the n...
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One applicant thought I went overboard on screening them and asked too much for pets has threaten me trying to get their application fee and application form back. I have run credit report on the husband but not the w...
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I have a new tenant who is turning out to be a total pain in the you know what. Adult couple and kids who began a lease only a month ago. The unit is very large, was just partially renovated and repainted before the...