Joel Barron
Should I try to close with the current tenant still present?
Hey BP! I've recently had an offer accepted on a 2 family in Albany NY. The first floor unit (where we'll live) is currently vacant but there is a tenant upstairs. He has been there for ~8 years and seems to have a...
Michelle P Stafford
Advice on a Rent to Own Commercial Property
Hello all,I'd like some advice from the group of experienced investors. Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until l...
Bruce W.
maximize 401k contributions?
I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...
Philip Morris
Avoid paying capital gains?
Is there any loopholes that allows the landlord to reinvest their money opposed to giving it to the government? Thanks!
Rob Rey
Fannie Mae owned property , flipping rules ?
I looked aroung Google for rules about flipping a Fannie Mae owned property .
I know HUD has rules about buying HUD properties as a owner occupied or as an investor .
My question is , can an investor buy a Fannie Ma...
Daniel Okeefe
start new tenant with MTM or year lease
Hi BP family, Does anyone start off a new tenant with a MTM term or maybe a 3-6 month lease before committing to a full year lease ? In an effort to make sure you are happy with the tenant and is a good fit ? I Ha...
Jason Redeker
STR/AirBnB in Lake Geneva WI
Looking into the Lake Geneva (Wisconsin) area for a STR/AirBnB property. I have a few questions: Does anyone have any experience with STR in lake Geneva and how are your occupancy numbers in the Summer vs winter?I ha...
Martin M.
Are Department of Justice liens extinguished at foreclosure sale ?
If a DoJ lien is filed AFTER the foreclosing party’s lien – is the DoJ lien extinguished at the foreclosure sale (no longer attached to the property) ? For example, foreclosing mortgage lender lien recorded in 2005 an...
Mike Ojo
Vacation Rental in Daytona Beach FL
I've been to Daytona beach and surrounding areas a few times, and each time I would stay at an airbnb within 10 mins walk to the beach. I've always wondered how profitable a vacation rental is there. And now seriously...
Brendan Blake
Math question
Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...