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Hey BP family, I am looking for recommendation on conventional lenders you use or have used for investment properties with good success. I am a newbie and had one recommended lender but can bearly get him on the pho...
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Hi all,I’ve recently noticed a whole host of properties on our street that are currently without tenants and have been neglected. From conversations with previous tenants, the landlord is currently serving a prison se...
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I’m under contract for a 1960 ranch in which I plan to do a partial reno. (Remove load bearing wall to create larger kitchen/LR area. Raise 8’ ceiling to 10-12’). My previous renos/updates were all DIYs with my former...
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For a 1031 exchanged replacement property - can you change ownership without any tax consequences?
Current ownership: myself and my momCurrent Mortgage: myself
I want to change the ownership to an LLC that only...
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Buying process for 1MM commercial building without a buyer's agent using a 504a lender. I prequalified letter. So now:1. Contact seller's agent2. View Property and due diligence (research CAMS, etc)3. Submit offer an...
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Selling my personal house...there was a crawl space moisture issue that has been 100% repaired. My agent says I should disclose it beforehand, but I say that it should only be disclosed if necessary since it was 100% ...
Im interested in purchasing a rental property in 2020 in Pennsylvania and I was wondering if there was a way around paying interest on the deposit for tennants who stay longer then 24 months. I was thinking rather the...
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Am I correct in that depreciation expense is excluded in calculating these ratios?
Also, for the cap rate, how do you determine the value of the property? purchase price solely, purchase price plus capital expense ...
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Hello,
I am a 24 y/o officer in the Space Force about to move to CO springs. I am very interested in starting a small RV park, I have done a lot of research but I don't know anyone in the area. Does anyone here have ...
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I have seen local CPA's claim they can help offset high W2's with short term rentals here in LA. Since LA has banned STR for more than 90 or 120 days, requires one to live in the property for 9 months or so and ADU's ...