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Good early morning! This is my first attempt at running an analysis of a Duplex I am thinking of pur...
Hi, I have a few properties I purchased with cash. At this moment I don't have the option to get a conventional mortgage, but in a year from now I will have the option to that. My question is, that if I have the optio...
Hello BP nation, looking at county assessor's office and properties that are scheduled to be foreclosed.There is one in particular where the outstanding balance states roughly $35K. I know the property is worth much ...
I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
I have an assignable purchase contract for two houses as a package. I am sure I can sell one of them for enough to pay off the entire contract, at which point I will own the other house free and clear. My biggest que...
Hi All,
This would be my first investment property. The unit, in North Miami, would be paid for all in cash since the building didn't pass the fire inspection (ie. proper exit signs, etc) and wont be approved for a m...
I have been having problems with the BP fix and flip calculator exporting the rehab cost details to PDF. I use the advanced feature to break down rehab costs by category, but all the costs show up as "misc" when expo...
Question . . .our leases have a NO SMOKING INSIDE clause. On one of our duplexes, the tenant on one side reported that the smell of marijuana is coming from the other side. Not going to get into a discussion about p...
I need an 11th hour assist from my fellow BP members to be sure I am handling a tax situation correctly.
The situation: I purchased an investment property in July 2017 for the purpose of renovating, creating 3 units...
Hello,Although I haven’t dealt with it personally, a friend of mine has. If a tenant doesn’t pay rent, and the process for eviction is filed. What recourse can landlord go for missing rent payments?Do you have verbi...