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I have an opportunity to buy a SFR foreclosure that may have a Radon problem. I've been told by a friend that's the reason the previous owners walked away from the house and the mortgage.Question - Is there ever a ti...
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I'm in the process of getting my real estate license in Louisiana. I just read this paragraph and want to know if I'm understanding it correctly:EvictionFor failure to pay rent, the lessee can be expelled. If he has ...
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So I noticed an aberration in the Tampa market, it started back in December and really gained steam this month. And it's in the availability of rentals. As of today, 1/17/2023 there are 1,172 rental units available on...
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I am primarily confused with how to get my money out to repeat the process.
Let's say I use HML and put 20% down on a 100k property so I get an 80k loan from the HML. The rehab cost is 50k borrowed from HML. The clos...
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I am looking to buy into a family members property and be 50/50 partners after paying them half of their current equity in the property. We will be converting it from a homestead to a rental and was to do it correctly...
Hi All,I want to confirm if I understand tax implications of a rental property correctly. The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...
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Hello everybody, I have found a property that I believe I can place under contract. My question is what are the proper forms I can use to get started? Is there just 1 form I need to assign a property? Would anybody ha...
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Hello BPers,As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction. I am not sure if an...
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Hi all, New as new can be here. I have been starting my research and want to make sure I'm looking at this correctly. It seems too easy, so i have to be missing something. Take this for example, assume all things rema...
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Evening BP, I have been watching RI RE especially Aquidneck Island and it seems to be due for some type of correction, I was wondering if anyone else felt the same?