I contested the value of 2 of my properties this last year and won both reviews. The county adjusted the value of each house to my purchase price but neither mortgage has adjusted their escrow to reflect the change. B...
Hello BP, I've got a few questions. I just bought my first vacation home that will be used as a vacation rental when my family is not using it. The deed is under my husband and my name.Should I create an LLC and put ...
Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...
Hi All, I'm a new landlord in the Boston Area, and am also trying to start a property management business focused on small landlords with 1-4 properties who might otherwise not be interested in property management. I ...
I am attempting to BRRR a property and as I have become more and more educated on the process involved with the remodel I have run into a decision that I had not expected to. In this market people seem to either do ba...
I'm doing a quick survey and want to know how many keys you carry on your ring? Thanks in advance.
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
A servicer sent us a white paper from an attorney warning about new requirements for junior lien holders in OH. We don't own any notes in OH and I have no idea about this new law or the attorney's take on it but thoug...
Hey all…I have a 25 unit property for sale and have received an LOI with some seller carry terms. The buyer intends to get enough conventional debt that we could pay our mortgage off as well as closing costs and have ...
Here's the scenario. 5-unit house listed for $180,000. Cashflows nicely at that price, even at $200,000. Don't have the capital to put down 20% on your typical commercial mortgage, and the seller doesn't want to hold ...