Chirag Shah
Expiring Leases on in contract 4-plexes
Hey all,I'm under contract on a quadplex and am in a precarious situation regarding the leases in the option period. According to the seller's agent, three leases are month to month, and the other is going to expire a...
Mike Miller
How does your CPA view this?
To you veterans out there that sell homes on the lease option “rent to own” model: If you repeatedly sell houses within 1-3 years, couldn’t they technically be viewed as inventory by the IRS and taxed according your i...
John Nicholas
Strategy for lump sum of money
Good Day BP,As a newbie just starting out, my first goal I set is get to 2500-3000 a month net income. I have a lump some of money approx 2-300k to work with and want to come up with a solid low risk plan. Below are...
Jonah Walker
First Time Investor- Is this deal worth pursuing?
I found a property listed on Zillow at an asking price of $179,999. It is a duplex with one side being a 3/2 and the other a 2/2. The building has a new roof, Installed in 2017, One side of the duplex has been remodel...
Bini Gibson
Cash-Out Refi Hard Money Loan
I have a property in Baltimore that's completely paid off but is ground rent. I have already been approved for ground rent redemption but have to wait another 90 days before I can pay the amount due according to the c...
Gina Rocillo
Big Bear STR
I am almost ready to put in an offer for my first STR in Big Bear. I just got a message from my agent that according to the listing agent, the title shows 1 bed/1 bath 830 sqft, but listing says 3/2, 1150 sqft. What a...
Eric L.
Apartment vacancies near historic high
According to Reuters. http://news.yahoo.com/s/nm/20090708/us_nm/us_realestate_usapartments
A couple interesting things in this article:
"The national vacancy rate rose to 7.5 percent, the highest since 1987 and an i...
Kay March
Can TICs avoid probate, like DSTs?
One advantage to DSTs is that they don't go through probate when the owner dies. The trustee distributes the owner's interest according to the owner's instructions, as I understand it. The owners of TICs receive deeds...
Tariq Hakeem
Tight Supply Is Limiting Home Sales at Start of Spring
Tight Supply Is Limiting Home Sales at Start of Spring
The record-low number of homes on the market is limiting purchases heading into the spring selling season.
Home sales typically slow in the winter before ...
Sami Gren
Contract for contractor
HI,I am using a contractor for a full apt gut rehab, I would like to know if anyone has a contractor's contract that I can work off (of course will add or take off accordingly) he is a new contractor, so he doesn't ha...