Derrick Alexis
Philadelphia Tax Lien Auction
Hey BP community,I’m contemplating purchasing my first buy & hold property and see it’s on the auction list. I was wondering if anyone has experience with Philly tax auctions? Are these properties being sold with ...
Brendon Worst
Lead Paint Certificates - Baltimore MD
Good Afternoon Bigger Pockets Crew. Looking for advice.Currently working a deal for a 2 bd, 1 bath condo in Mt Vernon (Baltimore City). Was able to get the price down 9% from list and was planning to put $5-10K into...
Alex Trinh
Do Hard Money Loans Require a contractor?
Hey Guys, Looking to get into my first flip and have a question I can't seem to find the answer for.Anyways my question is do hard money lenders REQUIRE you to use a contract or am I able to get a hard money loan and...
Michael Patrick
Tenant not cooperating with repairs & asking for reimbursment
She is a classic problem tenant. We've repaired all her issues in a timely manner of course, most recently her fridge has been leaking, so we set up an appointment which she failed to confirm three times in three days...
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Charles Thurber
How hard is it to get a grant for a historic home in Phoenix?
Hello BP! We are looking at an investment property in one of the historic districts in Phoenix. Has anyone received a grant to help with exterior costs? How difficult is the process? Thank-you in advance for any input...
Parker Doyle
House flipping/real estate investment business plan
I was hoping to develop a solid business plan before approaching any banks/hard lenders. To start we plan on flipping homes before we start investing in any other forms of real estate. Naturally, my first thought was ...
Ricardo Esqueda
Using your 401k or 457 plan to buy a rental property
I want to take a 50k loan from my 457 retirement plan to buy a rental property. Is this common or recommended? I still have approximately 25 years to until I am eligible for retirement.
Ram Hernandez
Contractors and Keep Control of Expenses
I'm planning on doing my first flip soon. After my contractor and I agreed on a deal to do my flip. I'm planning to give me my credit card, so he can buy all the materials for my house rehab, I think in doing this way...
Delin W.
Per Diem lodging deduction?
Wondering if I can take a Lodging Per Diem deduction for those nights when I travel to my vacation rental for business purposes. Does anyone know? I am taking the Meals & Incidental Expenses related to the trip, b...