We will receive a net gain of $250,000 from the sale of a relinquished investment property and the funds will be held by a QI. We want to purchase a mixed-use replacement property for $750,000--a home with a detached ...
Suppose I own a single-family rental property and the long-term (8 year) tenant vacates. I want to move into the property to complete extensive repairs/maintenance in anticipation of a sale. The intent would be to d...
Something I do not fully understand is people saying they buy a house for 100k, fix it up for 40k, refinance with appraisal where house is work 160k, and then they claim they pocket 20k? This concept does not very wel...
Hi fellow BP members,
I am closing on a SFR with a commuty center, which offers pool, game room, etc. The HOA rule says the owners should be responsible if their tenants or friends damage community property. I am not...
I bought my sfr 4 yrs ago in Aurora, CO and began to airbnb my primary residence in my residential neighborhood last May. We have a small hoa that has voluntary dues of $25.00 a year. Currently the hoa has a reserve ...
hi, If the seller doesn't want to wait unit the 1031 exchange (the selling of the 1st house before buying 2nd), can a buyer use the lease option to secure the deal before the 1031 take place? I know there's some stric...
Hi all,Quick question: Are early termination fees and abandonment fees legit? Early termination fees seem more common, but I read someone post that the rules would need to work both ways - so if I had a 2-months-ren...
Hi,I was told I have to live in the property I just purchased for a year until I can rent it out, as that is what the loan contract states. Has anyone heard of this? Does anyone know how I can get out of this loop ...
I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
Hello,Does anyone here do homesharing (Airbnb) for their rental property? I am having a tough time finding insurance for this commercial short term rental activity in an owner occupied house (I live in one unit, the o...