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Recently, when analyzing properties, I have seen multiple scenarios of deals for the properties I've been analyzing falling out. I am still a novice in the space, so forgive me if this question is asinine. I was wonde...
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Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
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My friend and I are planning on partnering on a four plex in the coming weeks. He is a relatively experienced investor, myself new, and his friend who has the LLC more experienced as well. I am looking for suggestions...
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We have been asked what is the minimum that should be included in an offering package for the purpose of raising capital to create a “real estate syndication”. Here is our checklistWe utilize SEC Reg 504 C as a safe...
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I have a 3BD with great tenants that have lived there for the last three years. They wanted to stay past the original lease-end date of 6/30/24 through end of summer, so I told them they could go month-to-month throu...
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Greeting all,I have just finished up a purchase agreement on a 4-unit fully occupied building that I will have to owner occupy because of FHA requirements (one unit is in the process of eviction.) I am in the underwri...
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Would love to know if any bank exists that can do a cash out refinance where underwriting takes less than one week
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How do you determine what normal wear and tear is when giving a tenant their deposit back? I always have my properties cleaned and if needed, painted before a new tenant moves in. When they move out, the walls are al...
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I recently purchased a property acquired via foreclosure auction and wanted to use a Hard Money lender. I found that many lenders create a which comes first chicken or egg challenge. In the State of Connecticut, the c...
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Hello!
My family has a mobile home that is in bad shape and has issues with mold and a caving floor (water leak) and roof (tree damage) in certain areas. The mold got to a point where anyone that was in there for any...