Jered Lafuze
Just bought a house and i found electrical issues not to code
Hello everyone,
I have some friends that just bought a house in San Diego and they had me over to give some electrical advice. As I looked in the attic, the house is clearly a flip. There are multiple code violations...
Raky Patel
Hard Money Questions
Hi all, I tried searching but could not find the answer. I have two questions that have been on my mind for a while and hopefully someone here can answer them.
1. Is interest from hard money loans tax deductible?
2....
Paul Springer
Florida lease option contract?
Hey BP,I hear mixed reviews on doing lease option or subject to deals.I am hoping some one can finally nail this down for me and explain the correct way to structure a lease option contract (subject to the existing lo...
Dannie Davis
Rookie from Beaumont, TX
My name is Dannie Davis I am 28 years old and I live in Beaumont, TX. Beaumont is a decent sized city about 45 minutes away from Houston, TX. I am a police officer and I am looking to obtain financial freedom through ...
Jennifer Wood
2 Part Question
My husband and I have an opportunity to purchase a single-family rental portfolio in our out-of-state investing market that is owner-financed. While the units look to cash flow, for the next 5 years we plan on using t...
Brian N.
Howdy from Houston, TX
Hello BP community. I have spent alot of time on here trying to gain as much knowledge as possible from all the seasoned investors that contribute to this site.
I am in the Houston, TX market and interested in com...
Shannon H.
Which is the most important items to write in a lease?
I have started thinking about writing up my leases so I'm prepared once we purchase our multi family. What phrases have been a safety or the most useful points you have used in your lease?
Jason A.
Managing the managers – lease renewals & rates
Hi all,Wanted to share an experience I had with one of my property managers this week and would appreciate your feedback. I am newer to the game – having purchased four SFRs all in the last 10 months. I have a lease...
Account Closed
Owner Financed Deal- Worth It? And Other Q's
The numbers:
2 bed 1 bath in a 4 unit building
Asking price: 90k
Taxes:~4k
Monthly Assessment:$50
Can be rented for: $1000 a month
This will be the first deal I would be doing as an owner financed deal- actually this...
Luke Carl
DTI is 2% to High at 47%
Trying to push this loan through. It's all set to go but I'm at 47% and they need it to be 45% to meet Fannie. Purchase price is 149k and the system is aproving me for something like 139k. Any quick tricks or tips to ...