Me and my partners will be selling our first flip next week and we are trying to see how bad the capital gains tax will be for each of us. There are 3 of us in on the deal; Me, my brother, and our partner(Brendan). We...
I just found this out and it could have been really bad situation.So we collected a certified check for the rent and security deposit. After the tenants sign the lease (guarantor has not yet), paid the rent, they deci...
Hi All:Question for the veterans...I'm looking to purchase a property from a wholesaler to rehab and resell. I'm obviously buying "AS IS" but wanted to know if there's a way I can purchase a home warranty for the prop...
Hello! I am closing on a house Tuesday that has a significant pet odor issue! There have been about 6 dogs, a bird, and other caged animals living there. It seems like getting rid of the odor can be a significant iss...
I've seen a few notes now that are for sale and indicate the borrower is either filing chapter 13 or 7.
I'm assuming that a chapter 13 is similar to the lender just modifying the loan ? Meaning making it more finan...
Hello fellow investors,
For some context I was going to close on a house Today on Feb 23rd. Our inspection report came back on Feb 21st and the home tested positive for Radan. Anything above 4 is bad and our report...
I have recently come across an off-market deal for a 5-unit property that has 3-units listed under section 8 housing. I'm in Boston and was wondering what experiences other people have had with buying section 8 units?
Hi BP folks, I came across an inspection report for a 25 year old house which was built on Permanent Wood Foundation. What are the things I should be cautious about this kind of foundation? (for eg: grading of the hou...
I bought a personal home a little over a year ago and planned on living in it for 5-7 years before i sold it or rented it out. But my wife and I are possible fixing to move to Houston because she just got a job pro...
Hi BP
Location, location, location .. ....How important is this to a long term buy and hold investor?
The market I invest in is a small one. I currently have 5 sfr. I'd say 1 is in an "a" neighborhood....