Michael Pence
Short Term Rental Restrictions
Hello BP members,I have been trying to research the short-term rental restrictions in an area where I have identified a distressed property with a distressed seller on the Lake of the Ozarks. It is in need of a comple...
Gabe Goudreau
Change In Property Tax After Purchase
Hello everyone, I know that when you purchase a property for an investment that property taxes "uncap" and subsequently grow the year after you purchase the property. I'm aware of how to calculate the normal property ...
Brandon Beaudoin
Accredited investor qualifications
Hi yall!I'm generally aware of the requirements to qualify as an accredited investor for 506c offerings EXCEPT it's unclear to me on the $300k joint income requirement for past two years and expectation to maintain/ex...
Lydia Bar
Bank account for rental property
Hi everyone,If you are not putting a rental property in an LLC, would you open a personal or business bank account for the expenses? Does it matter?Also any specific banks that are recommended for this purpose? Would...
Toney Sharpe Jr
Beginner in Orlando Looking for Weekend Labor to Learn
Hi all!I am an aspiring investor in the North Orlando area. I'm currently getting my personal finances in order, but I would love to work with/under an experienced investor in the area to learn the business. I am look...
Vashist D.
What should you do with the equity from a property
Should I do a cash out refinance right now or wait until later to do it. Interest rates are like 5.3 and I don’t know if it is worth it to cash out for around 40k
Siriphone Hernandez
Tenant collections to credit bureaus
Hi there,
I own 2 properties and have a tenant verbally breaking a 1 month lease because she felt her renter rights were violated because I wanted to do a home inspection. She verbally indicated she is giving a 30 ...
Taylor Umphlett
Running out of Money
I want to get peoples opinion on this. What do you do when you run out of money? If you have saved enough money to put 20% down on five houses but this depletes your investing account, what do you do?Should you wait...
Ryan Newport
Getting Correct # of Bedrooms Updated for Cashout/Appraisal
Purchasing a triplex that clearly, by all legal definition, has 7 bedrooms. Arguably 8, but I'll let one slide without any debate. Town record shows the property as a 5-bedroom. My question really here is: What's the ...
Austin Springer
Renting what was my primary residence
I have a two questions. We're going to rent the home we currently live, in starting in June.- How long can I rent it before having to pay capital gains. I don't now that I want to use a 1031. Not sure I want a differe...