Paul Wolfson
Santa Clarita ADU Laws
Hello everyone. I’m looking to buy a SFH in Santa Clarita and build a new ADU in the back yard. To be clear, I’m not talking about converting a detached garage. I’m talking about new construction of ADU in the back ya...
Jon Edmondson
When to Sell a Successful Project and Trade Up via 1031-exchange in Today's Market
Hi All,I bought a SFR in the KCMO area back in January 2021. It has strong cash-flow but has also appreciated quite well. I am struggling to understand how to pencil out at what point the correct decision is to "trade...
Murray Stokely
Stop Predatory Investing Act to restrict deductions for investors with >50 rentals
FYI a bill was introduced on Tuesday that would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.https://thehill.com/busines...
Peyton LaBarbera
Can you 1031 a fix and flip?
Let's say you have a property that will take just a bit over 12 months to renovate and sell... now the rule for 1031s is that you can only use them if you hold the property for at least 1 full calendar year so does th...
Dennis Weber
Should I/Can I Renogiate or Pull Out of Deal
I won a 4 Bed 21/2 Bath House in Indianapolis on Auction.com on March 20th. It was a foreclosure from Bank Of America. The first communication was that closing would be Apr 9th then after contract signed clos...
James Clark
I have cash wife has the credit. Need Help
Question. I'm looking to buy a investment property, can i use my wife's credit and if so should we have a LLC?Right now I flip houses with a financial partner. I do the work and he finances it and we split profit. On ...
Austin Wolfe
Best area in Jax for mid term rental
Hi all,Been in Jacksonville for about a year and 6 months. I’m looking for some information on which area in Jacksonville (jax beach, downtown jax, San marco) is best for mid term rentals. Looking to connect with like...
Elijah Williamson
How do you structure your rent-to-own agreements?
I'm a new investor and because I'm self-employed, I can't get a loan for properties in my local market unless I can put down 20%. I've turned to looking for rent-to-own properties. I'm not quite familiar with the exac...
Lynn DeShazo
Advice in AL: what to do with tenants in foreclosed properties?
Hello BP Pros in Alabama: I'm looking for advice on applicable Landlord/Tenant laws concerning occupants of foreclosed property now up for sale. My venture-specific partnership is about to purchase a block of REOs in ...
Arnie Guida
I'm About To Violate 2 Pieces Of Advice From Mentor Landlords
1. "Arnie, you're better off working with the tenant you've got than not knowing what you're going to get."2. "Don't boot them out, just keep raising the rent."Similar advice, I know...I've got a problem tenant, relen...