I have a rental home and my renter wants to purchase it. I don't believe, with the market the way it is, that the home will appraise for what I owe on it. My renter has mentioned doing a lease option and I am not op...
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
I am looking to buy STR in Mexico and I heard you cannot buy properties 54 miles from the coast. In that case, would you buy something on the beach for STR? Has anyone figured out logistics such as cleaning/maintainin...
Would any members here be interested in a meetup in or around NYC? I know there are quite a few of us in ct, li, north jersey, and westchester so maybe we can make something happen in the next few weeks.
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
Hi all,I need the professional to put on their legal hats here, as I have a situation where the buyer purchasing my condo cancelled 23 hours before the closing. Please note that I am the seller/owner and selling agent...
Do you call yourself a real estate investor or a real estate entrepreneur? If you consider yourself both, do you prefer using one term over the other?
I'm just curious about what BP members call themselves ...
At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...
Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...