Edgar Hall
ESA in a Primary Resident House Hack
Hey! I have been successfully renting out 3 rooms in my single family home while living in the unfinished basement for a little over two years now. I have only had to change over tenants one time and each three rooms ...
Mike Sfera
Syracuse/Rochester Area Rentals
anybody have opinion on Syracuse/Rochester? Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside. Potential ...
Mary B.
SAY GOOD-BYE TO HUD-1
Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...
Kylene Heykants
Offer Accepted - Due diligence under way on SFH with two separate dwellings
Hi BP community,
I recently got an accepted offer on a SFH in Alberta, Canada that has two separately metered legal suites. I'm currently performing due diligence with the property and need some advice. The property...
Michael Maliszesky
Should I set up LLC before or after purchase?
I'm in the processing of buying a rental property. I'm thinking I want to set up an LLC, but the law firm we're using is very busy, and it will probably take a couple weeks for them to set it up. Originally I was pla...
Jim Bo
Is this a fair split/arrangement?
I have been discussing with a friend a potential arrangement for buying a multi-unit property. I live far away so we'd been talking about me putting down 67% of the down payment with him putting down 33%. He would han...
Christie Macias
New to investing and excited to learn!
Greetings BP community!
My name is Christie and I live in one of the more expensive real estate communities, Santa Barbara, CA where a tear down can be over a million dollars. 😩
While it would be fun to flip and hold...
Nico C.
My lender will not consider my Short Term Rental income
My lender will not consider income from my short term rentals as part of my Debt to Income Ratio. Any suggestions or workarounds? (Besides submitting a bogus lease for a “long term tenant”... yes this has been suggest...
Vincent Plant
Brand New Landlord looking for advice.
I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
Amil D.
Massachusetts eviction laws
Hi all! I am a young investor (27) and thinking about getting into rental properties. I have about $50k.I live in MA but am hesitant to purchase anything here due to the laws - I've heard stories of people not being a...