Josh Barnett
Is it a good idea to buy my Mom's house?
My mom owns a 3 bedroom house in Round Rock TX that she purchased May 2011 for 214k. It is worth about 280k now. Don't know her mortgage payments or exactly how much she owes.Would the tax benefit be worth it for me...
Brian Cade
Is appreciation of land accounted for in LTC?
In the case of a multifamily construction loan, is the land portion of the LTC based strictly on the purchase price (even if multiple years prior), or is it be based on the current market value of the land?In a nutshe...
Alexander Knox
STR Favorite Metrics?
What are everyone's favorite metrics to look at for their Airbnb/STR's? I am happy with my business but more curious if there are any I am overlooking! Happy to hear everyone's!
Rena Barron
HOMEOWNERS INSURANCE FOR DUPLEX
Hey guys,
I bought a duplex but need repairs. I am having a hard time getting home insurance because of the 4 point inspection since the property built 1940. Any work around this costly insurance. Rena
Account Closed
Broker License in Virginia
Looking for some guidance on a tough one I'm in.I've been a Virginia real estate agent since 2017. I've had a great rapport with my broker - he's been a solid guy and a good teacher. The brokerage has two entities: o...
Bryan O.
Do Trustees have to be Accredited?
I have a solo-401k that I would like to invest. I have little desire for the 401k to own property, but I do want to invest it in RE or small businesses (equity or as straight lending). I have been looking at various n...
Brett Goldsmith
Question Seller Carried Back Financing
Thank you so much in advance! I have a few questions that have been tough to get answers too. Scenario: Purchasing a property with a tenant inside it. The plan is to rent it back for a year to the tenant and then do s...
Xingcai Wu
Need second opinion on deal ananlysis
Hi BP,My name is Wu. New to BP and signed up for Pro membership couple months ago when I decide to buy my first property to house hack.I have gotten a four unit property built in 1902 under contract. It is two-duplexe...
Kiran Vemula
Please suggest : Apply for HELOC or Sell the Rental property
Hi All, I have a newbie question.
I have a town house in Jacksonville, FL. I lived there for 3 years, It’s my rental property (1 +Year). November 2021 it will be 5 years since I own the property. Now the property has...
Rumi Tever
Financing for homes under 50k.
Hi everyone. I'm looking to purchase rental properties in Milwaukee, WI. Purchase prices I'm looking at ranges from 35k-55k. Properties are all tenant occupied. Because of minimum loan/ property amount that lenders ha...