Bought a single family home for a flip $271000 cash last November. Planned on being in it less than a year so I put it into a LLC (that I started in 2015) for tax purposes. The LLC only holds the house. House is worth...
My wife & I have a single mom with three kids upstairs. The mom is over all the time. We've even seen her in her PJ's multiple times. My wife has an issue with her being over all the time since it looks like she ...
My problem is that I have very little equity. As I'm just starting out, I have around 9k in an old retirement fund and around 20k saved. I live in Austin so this doesn't really get you very far; I'm only able to get a...
I've been remodeling a 4br 4 bth house in Yorba Linda , CA for a friend who now lives in Washington State and has his residency there.
He is set on selling the house. How can I explain to him the tax benefits of ren...
Hello and Merry Christmas BP! Is it worth getting a home inspection license? Can you do an official home inspection on a property you wish to buy? Or is it just good to have to do a quick once-over?Thank you.
Looking to purchase a primary and found what looks to be a fixer with delinquent tenant/s.Seller stated buyer needs to work with the tenant and will only show the property after offer is accepted. Property is in 92064...
Hi I would greatly appreciate input regarding the proper way to structure our real estate business in North Carolina. We have (3) Single family homes as Rentals but only (1) LLC established. Many of the books or podc...
Is It possible to do a heloc 1st position on my primary home equity to fund seller fin deal on another SF property? or just do a HELOC? what's the pros and cons to doing this? The deal is a buyout on a REC for the ...
Hi BP, I have my house in Buckeye, Arizona and I wanted to see if I could get some recommendations on property managements that could possibly get me a good tenant in there. I do not have the time to be setting up app...
Hi BP. I'm buying my first investment property in 2-3 months with cash. I've heard about 5-day closings with cash and the lack of contingencies being appealing to sellers allowing for better deals. How do you close...