Greg P.
Question about single deal partnerships?
Hello, I am wondering if there is a contract or way to partner on a single deal. I have a deal "tied" up to purchase with my company name, but I have someone who is also interested in partnering. How do I go about d...
Mathieu Gagnon
Canadians in the USA. Where to start.
I'm from the suburban of Montreal, Canada.I'm hearing so many successful stories about people investing in the US. We managed to gather 40K in cash for this project and have access to a lot more (Friends and Family mo...
Stan Hrincevich
HOA Transfer Fees Cost Homeowners and Businesses Millions
The HOA Transfer Fee is assessed HOA home owners upon the sale of their home. The fee ranges from under $50 to over $1,000 with no requirement to justify the fee based on work performed. It's pay it or you can't sel...
David Hodge
How do YOU calculate COC?
The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
Mike Malyy
What to do with the garage to maximize ARV?
Hi BP community,
I would like to get your opinion on my situation. I am currently under contract to buy SFH (3/1, 1058sf), with a half done garage conversion (450sf). Previous owner already put in a full bath and wea...
Brian Ellison
Change Property Type Residential to Multi-Family
Hello everyone!Has anyone been through the process of changing a residential property to a multi-family property? I recently found a multi-family property I've been eyeing is zoned for residential. I would like to wri...
Chris Michel
FHA Loan Questions: what are the fees?
Greetings, I am new to the real estate realm and currently working on my pre-approval. I've been working with a mortgage broker but I'm unsure if he's being 100% honest with me, based on the information he is giving m...
Account Closed
Mortgages: personal v invested homes. When to pay them off?
Afternoon everyone!In my old highschool, our personal finance class revolved around a curriculum from Dave Ramsey, who bad mouthed mortgages and everything. Is there a difference between having mortgages for your pers...
Kurt Stein
Cost Basis for Depreciation
Hi BP,
I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...
Kevin Noell
Basics of an Off Market Deal (Buyer Side)
Hello,I might have an opportunity to make an off market offer for a home in Austin, TX area. Seller wants to entertain our offer before signing with a selling agent. I have already gotten a quote from a lender at th...