John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
I just learned this has now become a voluntary requirement for the time being as there is a court order to stop this reporting.
Melissa Glynn
20-Year Austinite Relocating to Charlotte, NC - New to BP!
7 January 2025 | 5 replies
I'll be bouncing back and forth between the two cities over the next four months before I move in order to get life set up and trying to learn the city... and hopefully find my next project.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
I have not thought of using DTI instead of 3x the monthly rental amount in order to qualify an applicants income, but you made a great point regarding the priority that tenants might give a car payment.
Geoff McFarlane
Sell our home or rent it out?
5 January 2025 | 6 replies
This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear - you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.
Nicholas Haubner
4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
I know they are compensated per unit for the inspection, do you think it would be an issue if I just registered a fifth unit and made sure it met all the requirements?
Luke H.
Owner Financing Empty Lots
13 January 2025 | 17 replies
Quote from @Sherry McQuage: Make sure to check the zoning to make sure mobile homes are permitted there; check for any hazardous waste designation for the area; will you need to have the parcels surveyed out in order to sell the size you intend?
Iyke Victor
Jerry Norton and Peter Conti...Legit or not?
1 January 2025 | 15 replies
When all the dust settles, and the person searching is tired and discouraged and gives up, Jerry may not have bought a single lot, but he's made some money from the training he sold you, which was his main goal from the beginning!
Oscar A Viteri
Which land flipping course should I choose?
29 December 2024 | 10 replies
In order to work Joes program would take at least 5-10k.
Sherylyn Holden
New Short Term Rental Rules in San Antonio, TX
30 December 2024 | 13 replies
At the very least, I would request a refund of the original application fee as the City made a mistake causing you to have to submit again.