Lucas Rowell
Property repairs before tax season is over
Hello and good day BP family I hope you are having a great start to your day!As the year is coming to an end I am looking at some maintenance projects that I would like to do on our investment properties.-Are there an...
George Allen
Trade rental income for a lower price on home?
Good day all. A friend just got his unit appraised in Bahamas for $282,000. Take away closing costs, he’s left with $245,000 in his pocket. He’s offered it to me for $240,000 and i pay all closing costs, 13% on the $2...
Elise Bickel Tauber
The TRUE cost of renewals and how to save yourself thousands!
I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage. For a long time, the mindset for investors has been to get the highest rents possible on their units. Th...
Ally H.
RESPA and VA Loan
Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
Gary Hazard
Putting houses under contract but the seller is already working with a realtor
I have a another quick question. I have two people that need to sell there house but they are working with a realtor. Is it possible for me to put them into a contract? What do I need to do? Thank you
William Coet
Massive Water Bill From Leak. Will Insurance Pay?
The leak was caused by a hole in the water supply line. Does anybody know if homeowners insurance will cover the massive water bill (over 10k)?
Jonathan Paz
1031 Exchange Question - Using Seller Credit on Replacement Prop
Hello. So I have a question and just wanted to make sure I am in the clear. I am doing a 1031 Exchange where I sold a condo property I owned free and clear for $144,357, whereby I netted $133K that my 1031 exchange ...
Catherine Tran
Maintenance costs - How to minimize the costs?
Maintenance costs is the cash flow killer, if it exceeds the budgeted amount. How can we reduce this risk? Should we hire a property manager to cover maintenance or purchase a home warranty plan? My concerns:
1/ Prop...
Cinque McKetty
5 Tips for Buying a Home When You Have Student Loans
Most college students require some kind of financing to complete their degree. Student loan debt is a serious commitment, one which can take up to 20 years to repay. But having a student loan does not mean you will be...
Lana Lee
Water and trash bill, landlord or tenant Philadelphia
Do you landlords in Philadelphia pay for water and trash in duplexes or put it on your tenants? Do you charge just for water usage or the whole bill? Is there City regulation on that? And how do you split the bill if ...