Janea L.
When is the best time to set up an LLC?
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
Jacob Reilly
How Much is Seller Financing Worth?
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...
Michael Sepe
Property Manager Fees
Finally purchased our first rental property! Being a newbie, I just wanted to reach out to the BP community and ask if these fees are usual or customery?100% of the first months rent.10% of the montly rental.3% of a y...
Isaac White
Month to month lease
I have finished the rehab on one of the units in the duplex I own and I’m getting ready to rent it out. I started thinking about how I wanted to structure my lease agreement with my tenants. Option 1: lock the tenant ...
Nick Camizzi
How do you do this?
So I called the bank to do a cash out refi. For $150,000 mortgage on my primary. My payments will be $2000 a month with a 6.75 interest rate. I have all this equity & still can’t afford to have my money work for m...
Jill Curran
Opportunity Zones ?
Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look k...
Benjamin Sulka
Networking with Cleveland Investors
Hey BP! I've been doing a good deal of networking in my area but I want to meet more people that have real estate in their vision and goals! If you're in Cleveland, and you're a real estate investor, please connect. I...
Christian Laines
Direct Mail Marketing
Hello everyone, I am starting my direct mail marketing and have a few questions for the ones who've been successful in it so far. I am planning on targeting vacant homes and have already found a few around my area. I ...
Sean Kollee
inner city duplex part 9-12
Ok, we are up to post 9, I am just about to begin some real construction work now. I have to gloss over a lot of detail work to get this material up, I havent touched on the hours of details, plans, permits, etc. ba...
Account Closed
GOP Tax Plan - IRS Section 121 update?
Is there any update on the GOP tax plan and changes to IRS Section 121?
Last I read, it was proposed that the capital gains tax exemption requirements may change. The requirements for a tax free sale would require y...