Hi BP community I just want to start off by introducing myself to everyone and I thank everyone for your contributions in advance. My name is Paul Yousef from the greater Detroit Area. I've been on bigger pockets for ...
My tenant’s mother recently suffered a stroke. He has come to me to ask if he can put a ramp on the porch, and make other handicap accessible modifications to the house. He has agreed to pay for all of the modificatio...
The IPI is a bit of a right wing rag but this story should be a wake up call for ALL Illinois real estate investors and homeowners.https://www.illinoispolicy.org/moving-out-illinois..."Another troubling sign is the in...
Hi all! So, we’ve had a tenant that’s passed away and no heirs we are aware of. We aren’t looking to recover unpaid rent, but need to find out how we can legally get possession of the property again so we can sell it?...
Hello all,I have a property in Florida that I purchased and held for the last 5 years under my father's name as he lives in FL (for homestead exemption, etc.) while I live in NY. Long story short, my dad got ill and I...
I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
AlohaI have several long term rentals and several vacation rental on Oahu for many years which all are do good but now my wife wants to move to a less crowd island with in a couple of years. I would like to hear from ...
Non investor family member contacted me about todays closing. He just purchased a condo for approx. $185K. 80/20 Note is approx. $1400 w/ $200 HOA($1600 total). I think this is ridiculous, but I could be wrong. Any...
Do you have a routine that you follow after signing a contract with a seller? (buy and hold/buy and flip) I am interested in what your next steps are after you get a home under contract. Do you:1. Call your attorney...
This is a terrible first question but here goes. My mom lives in California, is 62, and in very poor health. She just had a stroke and cannot care for herself or finances (she has zero income as it is). She ownes a mo...