Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...
As a lender one of the biggest mistakes I see on a weekly basis from my investors are tax returns that are simply to aggressive. What I mean by this is that everyone is hell bent on not paying any taxes and instead in...
Gov. Gavin Newsom late Monday signed the COVID-19 Tenant Relief Act of 2020, legislation that prohibits the eviction of renters with genuine COVID-related hardships but reopens the unlawful-detainer process for tenant...
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
Hello BP, I am new to the Alabama tax sale circuit and I would like to know what happens opposite of the investors side. I believe this will help me understand the whole process better?
Ex. I purchased a tax certifica...
Hi all,
Hopefully posting in the correct place (newbie). my partner and I are looking at investing. We make 120k gross income and an additional 50k in cash tips. Couple questions:
1) Can we use cash for down payme...
I have purchased an owner occupant condo in a HOA. The HOA is at capacity for rentals set at 10%. I am first on the waiting list to rent but will have no way to know when a spot will open. I would like to buy anoth...
An interesting piece of history… The Declaration of Rights for Virginia, written by George Mason, was actually a model for the Declaration of Independence. It included the phrase: "the enjoyment of life and liberty, w...
Hello BP, if I refinance an fha loan in under a year do i still have to live there for the full year? Thanks
Hey all,Long story short, there has been a massive flood in my house and I have lender placed insurance. I'm not able to obtain a copy of the insurance policy from the lender, the only thing they'll send shows a decla...