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can anybody tell me what are the documents involved in a sub-2 deal and if there a place to get them , maybe share yours . thank you in advanced
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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After several texts the tenant agrees to give the deposit that same day and pay the first mos rent Friday, so I agreed to that and they agreed to that, well two days later they decide to back out and demanded to ha...
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Hello BP Family,Does anyone in the group have experience building or living in these super cool "Tiny Homes"I'm brainstorming a strategy for 2016 and looking for some feedback on the subject. Thanks!
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
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BP Community, I have been a long time lurker on BP. I love the BP platform, it's an amazing community that has been built.I think I have listened to over 70 podcasts, and hear week after week where people have done 5...
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I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...
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If the owner of record Quitclaims the deed to another party, does the note need to be modified as well to reflect the new deed holder? I would think the answer is yes. I'm looking at buying a note where this is the ...
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We are a few days from closing on our first deal! We'll be house-hacking a 2-family detached house in Union City, NJ, about 12 min bus ride from Manhattan Port Authority. We are inheriting an existing tenant who is p...