Terrill Clark
Advice To Parents Interested In Selling
Hey BP Family,
Not sure if you only give advice on investments but my parents are still living in the same home they've owned for 20+ years but I'm sure they have refinanced and whatever else you can do to prolong pa...
Mark Douglas
Completely Online Application?
Are there any programs that will allow the prospective tenant to fill out the application and pay the app fee online? I've only got one two units so far, and I'd love to go paperless with this part if possible.
Dave Carter
Can 1031 into a lot?
Is it possible to sell a rental and 1031 into a lot that you intend to build a duplex or four plex on? The new property has to cost more than the sale, and it will would when built, but it won’t as an unimproved lot. ...
Mina G.
buying a 2nd property must show 6 month reserve?
I just got off the phone with a lender and he informed me that I will need 6 month of reserved mortgage payment for each of the properties to obtain a mortgage for a property I want to purchase. Is this true for all p...
Rich C.
Tenant breaks lease after 1 month (but I paid a broker fee)
My tenant wants to break her lease after 1 month to move elsewhere. I paid the broker 1 month rent to find and process the tenant. The lease has no early termination clause and the broker agreement does not discuss ...
Jake Hart
Two 4-units into one 8-unit
Hi, I'm purchasing 2 4-unit properties that are sitting right beside each other but are on separate parcels of land. I called the zoning and planning department and they advised me that these parcels are currently zon...
Jamie Dzierwa
building business credit
Hello there,
We are a new LLC, and I was just trying to find some insight as to how to start to build business credit? Obviously, we are not going to go and get approved for a substantial amount right off the bat, bu...
Account Closed
How does new tax plan affect REI?
So the new tax plan was finally unveiled and I noticed it curtails deductions for business interest, but there are "special rules" for real estate and small business. Can anyone confirm....are we still going to be a...
Harvard Hill
I need help determining the right business structure
As the title of the post implies, I need some help determining the best structure for my real estate business. I've flipped four houses over the last year and a half with my business partner and we're working on our ...
Hoang Nguen
Post rental on Facebook Marketplace
Dear All,
I want to post my rental on Facebook Marketplace. Can you please share any pros and cons to post rental on Facebook Marketplace? Can people see my personal profile?
Thanks,
Hoang