Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Blake Hansen
Dear Agents, I'm not worth your time.
I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer lo...
Jess White
Should a landlord lower rent for a longer lease?
I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
Vik C.
Can Turnkey + Landlord-driven Tenant Screening coexist?
Hi guys,I am getting ready to invest out-of-state since I am focusing on buy-and-hold positive cashflow properties and I live in NYC, which isn't good for that kind of thing. I am fully willing to accept a lower CoC r...
Al Mcbee
Lease Options and Realtors.
Can I, or how can I, do a lease option with the homeowner that is currently working with a realtor?
Amery Castaneda
FHA or 20% as down payment? STRs & LTRs?
Hello everyone!
I have 0 properties yet and I'm at my starting point. Any advice is great advice and I appreciate it. I'm debating whether I want to do long term rental of multifamily or short term rentals for airbnb...
Richard S.
New Jersey Rent-to-Own / Lease Options
Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
Jeff Petsche
Been MIA and Regret Every Second. Procrastination Is EVIL!!
Hello BP CommunityFull Transparency Coming: I've been a participant of BP for a few years now and I use the word "participant" very loosely. Meaning, I've been someone who has been watching from the sidelines for too ...
Jane S.
tenant injured, part of rent will be late
Due to injury the "wife" (unmarried couple) was out of work for 3 weeks. The "husband" just emailed me. Injury occurred 3 weeks ago but they didnt inform me about paying late. They write. "We will be depositing as muc...
Mindy Jensen
What is the best way to perform a 1031 in this market?
Another post about not being able to find a property with only 10 days left in a 1031 prompts this question.In this current market, what is the best way to perform a 1031 Exchange successfully? Do you sell and hope yo...