Al Elliott
An interesting Question about REO investing
So i was talking to a lawyer about my business model and i asked about double/simultaneous closing for wholesaling banked owed property, he basically told me that its not possible, there is a 90 day seasoning and why ...
Mary Flynn Maes
Who has authority re: rules around STR?
My husband and I have a STR in a rural part of Wisconsin (we live in CA, but I'm from the area and my whole family lives there). The property is located on a lake with a Lake Association that does not want us to be op...
Nicholas Bolcon
Vermont Short Term Rentals
Hello All,
I'm wondering if there are any VT investors around specifically for short term rentals.
This has me concerned and wondering. Specifically the very last section about no one being able to offer a short ...
Brandi Baker
Accidental misfire in my apartment
I was in my apartment alone when my dog started barking and i could hear someone in the rocks close to my door. Having lived in a previous apartment where someone has tried to break in twice while i was home i pulled...
Joe Cox
How can I find the most landlord friendly market to invest in?
How can a newbie investor find the most landlord friendly states, cities to buy small multi-family buildings (4-10 units)?
Katie Stroman
How do lenders differentiate between multi family and single fam
Looking to buy my first property and will have my parents as non-occupying co-signers (I will be occupying the home though). Looking at the Home Ready program through Fannie Mae. I understand when having non-occupying...
J Folsom
Buying single family home zoned as multi unit
We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
Jason Khoury
Purchasing Vacant Home from Non-Profit
Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
Pat Opiola
reporting sale of flips to irs
I bought a flip for 60k i sold it for 95k 5 months later the rehab and holding costs were 9k, where do i show the profit? on a schedule D? thanks, also My friend and I bought a property together, we rent it out, do we...
Michael Batts
Easiest way to Lease Option in Texas?
Hey BP Fam,I'm a local investor in the Houston, TX area. Wholesaling is my usual strategy, however, I've been learning how to do Lease Purchase deals. Come to find out.. Texas is "One of the strictest" states to do Le...