Dylan Smith
How Interest to Charge on Private Money Loan
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
Jon Klaus
Great price or great property?
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren BuffettSubstitute "property" for "company." Do you agree? How have you applied this philosophy?I used ...
David Briley
Remove a squatter before purchase in Massachusetts
I've got a possible lead on a property that the owner has abandoned and let fall into foreclosure because of squatters. I haven't heard the whole story yet as I'm getting in touch with the owner. I'd like to find a ...
Alicia Hensley
What am I missing?
I found a seller who is selling two distressed houses. Both of them were purchased at auction and they have no mortgage. The owners said they would make a deal if both were purchased, and an even better deal if they a...
Jody Schnurrenberger
Is Splitting Monthly Rent a Fair Housing Violation?
I've had a tenant for nearly a year now and I love her. She keeps my place like a show home. My rent is high for the area ($1400). She is late with rent sometimes and I'm worried that she might move because it's to...
Michael Johnson
My first House
Hey everyone,It's been a while since I was on here last since I've been crazy busy. I wanted to give everyone here at BP a big thank you for motivating be to buy my first property. Seven months ago was the first time ...
Robert Reynolds
Organizing My Own ADU Construction Project
I live in Los Angeles and am looking at building a 2 bed 1.5 bath two story 800sq ft ADU on my property. I’ve priced out the project and it seems to cost around $110,000 for everything. However if I hire an architect...
Ketan Patel
Milwaukee real estate
I am planning to buy single family home in milwaukee WI area . Home price is $55k and rent is $700/month. Does anyone suggest me is this good deal in milwaukee area for cash flow?
Account Closed
Who is responsible for mold remediation?
I bought a manufactured home about a year ago to replace an old dump on a leased lot... Due to permit issues if you can believe that it’s been a year. I found mold in the unit and the unit is not in my name until it’s...
Pablo Madrid
Section 121 exclusion rental to new construction primary home
I am buying a house next month with a rental on it primarily for the land value (urban Houston). There is a month to month tenant on the property which I will keep to offset holding costs while I design the home and I...