Mel Cosio
Seller wants to do title transfer
I'm establishing a TIC in order to make a big-money (for me) purchase - 750k. My company is putting up 500k and partner is putting up the rest. Potential profit is about 300k.Seller wants to do a title transfer inste...
Olga Daisel
Tax question on depriciation of new construction
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
Raghavendra Jakkani
Tenant screening with child support
For my very first rental property the very first application I got had income which is 4.7 times rent. rent is $2550 and income $12k out of which $3kis child support. Credit history is excellent. No criminal or evict...
Jess Paskach
Sourcing a General Contractor
Hi all - what are your best tips and recommendations for finding a general contractor? I'm located in Boise, ID and we're in search of GCs for potential BRRRRs and flips. We're doing research online and while we've fo...
James Horton
Should I start an LLC for my first property
I have an LLC already, for a separate, future venture, and my wife has a DBA for her teething jewelery business under our LLC. We're about to move out of our primary residence and use it as a rental. I plan on continu...
Matthew Johnathan Newton
Rental mortgage question
I’ve been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to...
Sunny Burns
1st Property - Do the #s Work? Quadplex in Northern NJ
I am a first time home buyer as well as a newbie Buy and Hold REI, so trying to get as much feedback from experienced investors as I can before moving forward. My goal for my first property is to achieve $1000 cashflo...
Ye'Chiya Harper
How can I use our savings to buy our first home and invest?
Hello All! I'm a newbie with much to learn (I'm not even sure if this is the correct community I should be posting to, but I'm sure someone will let me know). However, I'm having this dilemma (or if it's even a dilemm...
Kristina Schmitt
Ontario Tenant Moveout Notice & screening questions
We're new to the landlord thing and I've just had my tenant put in his notice. Both his lease and the law state that he must give 60 days notice, however, he has only given 30 days notice. He was the previous owner's ...
Oscar Chirinos
Newbie Investor Needs help on 1031 Exchange
Good Evening BP Community.First of all thank you so much for all the information you guys provide on here, is really awesome!I am puzzled as to what my options are or on how my exchange would work?One of my properties...