Hey all, quick question. When doing lease option assignments or when assigning subject-to contracts, are those situations in which you'd have to worry about the "dealer" classification tax-wise? I know it can be a com...
Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
Hello all! So I'm in a bit of a fix. For the past few weeks I've being trying to figure out what to deal about getting my first duplex. The problem is...I'm only qualified for less than $130K for a conventional loan d...
Hello fellow BP members, I am in need of some urgent assistance and advice regarding a 5 unit complex I own that has one water meter that I pay. One of the tenants seems to be upset at the world and now causing numero...
Before anyone judges me for the fact that I am only 16 years old, I'd like you guys to hear me out. I live in an urban neighborhood in New York City, and I've gotten tired of letting the "American Dream" control my li...
Hello!I'm under contract for a home and in the contract we have language "seller to provide monthly rent receipts" since we are planning on inheriting the tenants. The sellers have sent over a copy/paste from Zelle s...
Hello BP,I've been reading that HUD is looking to roll out a new way to calculate fair market rates for section 8 housing in large metropolitan areas. The new policy called "small area fair market rate would set new f...
Here is a progress update from a small-time investor in Connecticut who is trying to achieve financial freedom. The road has been acquisitions for the last seven years. This year is a stabilization and reflect year.
...
Happy Thanksgiving, everyone. I wanted to take the time to reflect on the past month as it’s been a whirlwind and I haven’t much time to take account.
I’m new to REI and long distance does make it much more unnervin...
Discover the essential tools needed to analyze property and how to apply them.
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment...