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Hi, i am looking for my first investment property, and i’m new to real estate and looking for suggestions interms of state/location, type of loan which can generate some positive cash flow or break even.
After finding a good rental property and purchasing it what are the basic steps to getting it ready for rent (inspections, approvals, etc...). Also what type of loan would you need to take to like in a property for a...
Hello All, We are investors in the Houston area and are putting an offer down on a property. This property does seem to have some foundation issues, and we are wondering what is the general costs for these types of re...
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Hi!
I recently placed a $550k offer on a home priced at $599k on Zillow. The seller eventually agreed to $565k. The house was built in 1950. I am currently under contract until Tuesday. Can I still negotiate after f...
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Good morning BPI have a question this morning. I'm hopinganyone knows how the tax break works in the US for the annual depreciation on a rental property works.How long does the depreciation tax break last on the prop...
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Please help choose exterior paint on difficult house. I know its a strange front entrance but budget does not allow me to move it so we are doing landscaping and painting.I hate yellow but I cannot figure another colo...
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Hi BP Landlords,My tenants just notified me they will be closing escrow on their new home at the end of this month. They intend to break their lease just 4 months into a year-long term.They've coordinated with the ag...
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If a contractor breaks something new you are putting in the house (i.e. granite counter top) is that typically the responsibility of contractor to replace or is that the investor that takes that loss?Is it common or ...
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How does this logic look for breaking a lease early to buy a Duplex with the intent of renting out one side:6 months left on the lease; $1500 to break it; $1200/mo for rent+utilMortgage on Duplex = $1400; rent 1 side ...
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We're 7 months into a 12 month lease, and are closing on a home. We notified our landlords early (45+ days notice) and they've decided to sell. Washington State.
I'm trying to find out our obligations on this lease c...