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I will be closing on the sale of my 3 family next month for 450k and I will be netting about 100K before capitol gains tax.My problem/question is that my first year of self employed income does not qualify me for loan...
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I’m 23 years old and fairly new to the real estate investing world. I’ve done quite a bit of research the past few years & I’ve only gotten far enough to know the avenues I could possibly take. I’ve always been ea...
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Hi!I'm a new landlord. I just put a listing on Facebook and got a message from a guy who said he has a service animal and my no animal policy doesn't count. I checked out his profile and he's a trucker and can run ar...
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We are new to real estate investing and are considering the Toledo, OH market. Does anyone know about how long it takes to rent in this market? We are looking at properties in the 43612 zip.
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Hi All, I have been an accidental landlord for about a year. I ended up moving to another state and couldn't sell in time. The house is location in Oak Brook, IL.In the end I went ahead and leased out the property. An...
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Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
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We expect to close in a couple weeks on our 2nd flip, a 2400 sqft 3/3 Townhome in Tampa. We purchased this via the MLS from the original owner of this 2009 built home for $115K. Yes 2009...conventional wisdom wou...
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Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
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After move-in, one of my tenants began a business of purchasing used or auctioned cars, doing minor repairs and cleaning in the garage, and transporting to a used car dealership to sell. I was not aware of this activi...
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Hi everyone,I'm negotiating my first real estate deal currently. It's a two family home, 3,120 square feet, with three parking spaces located in East Orange, New Jersey and we have it under contract. There are current...