Kevin Rodriguez
First HouseHack Questions (Lease Agreement, CPA recommendations)
Hi BP Family!I have purchased my first investment property (Single Family 3bdr 2.5baths) and I will be HouseHacking it by renting out the remaining 2 bedrooms. I have read a lot of posts regarding the benefits and dra...
Paul Ellerbusch
Just closed on my first property... now what?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $283,800
Cash invested: $22,678
Sale price: $283,800
This is my first RE investment. The property is a l...
Account Closed
Strategies by the experts?
ok so a year ago I formed an S corp with a partner in hopes of investing in RE. Then the shit hit the fan and there is yet to be a bottom... I got into this with hopes of purchasing cheap foreclosures and REOs but my ...
Terry McPherson
1031 Exchange question
We are currently in the middle of our first flip. Purchase price 68K and will invest about 30K for rehab and the ARV will be around 140-150K (3Bed 1.5 bath). I took a mortgage out on a paid for rental property to fin...
Michael Ealy
15-unit in Bad Area, Partner left, 100% Vacant (Dumb Sh^*)
A contact of mine asked me today at lunch time to check a building out and since it's near my office, I decided to drop by.
The building is 15-units, 100% vacant and the owner drove all the way from Missouri and thi...
Alisha Boulter
Please Help! Wisconsin Multi-Year Lease
Today is a horrible day. We closed on our first duplex 2 days ago and I contacted our property manager/realtor today to discuss sending rent increase notices and they pulled up leases to see that the lower unit is le...
George Kamerzan
Adverse Possesion & Boundary Dispute
I purchased a house with .33 acres in WA state, after carefully measuring it seems I only have .27. Apparently the neighbor to the back and side of me has been using my land(he built a little road for his truck and bu...
Patricio Tellez-Giron
Can I sue my listing broker? Do I stand a chance?
Hello BP,I have a big problem with the listing broker on one of my properties in Las Vegas, NV. I normally list my flips with the same broker that got me the property... I am just realizing it might've been a big mist...
Lee Rutty
Can My Agent Still Get a Commission If I Saw It At Open House?
Apologies if this is answered somewhere but if so I can't find it. If I view a property with the listing agent, does that prevent my agent getting a commission on the sale?I'm pretty new to this so I want to have an a...
Tim Hendricks
Property purchase number 95
Investment Info:
Single-family residence buy & hold investment in Clarksville.
Purchase price: $122,200
Cash invested: $3,440
Investor put up $21,000 for 20% annual cash on cash return, or $350 p...