Mandeep S.
Can you still rent by room (house hack) if you move out in 2 years?
Hi,
I was looking to house hack in Las Vegas, and I was wondering if you can still rent the property by the room if you move out a year later and get a second house?
1. House hack house 1 (live in landlord) in year ...
Curran D Bishop
Calculating an asbestos roof in analyzing a deal
I'm considering a deal that has an asbestos roof that was put in in 1900. It's still in good condition, but I'm seeing estimates that asbestos roofs are good for "50 years or more"; I had a friend with one that ...
Jordan Freeman
Transactional funding
Hey bp, I was very curious to know if most buyers require proof of funds or most banks before allowing a contract on a property? Are you able to simply say you will have cash on a certain date and use your buyers fund...
Charles E. Bruckman
Creating additional bedrooms
Hello All,I am curious about the process to turn a 3 bedroom house into a 4 bedroom house by converting an office or other room into a livable space. The goal here is to increase the number of bedrooms to be able to h...
Leo Parshukov
What are my options?
Hello everyone,Buying an owner occupied two family in Jersey city. We are planning to live in the owner's unit and tenants above have lease that is expiring mid 2024. My question is how I can nicely end their lease on...
Kenneth Leung
Separating from a property management company
We have a SFH that we have been renting out through a PM company for several years. Recently, we have been having issues with the PM company involving our most recent tenant ending their lease and re-listing the prope...
Alexander Williams
Thoughts on portfolio loan…..risky or smart?
Hello BP, I’m currently working on my first portfolio loan and have some questions. Here’s the scenario;I’m doing a cash out refinance on two properties I currently own and purchasing two new properties all in one por...
Karen Moysi
Land Contract
I have a buyer who wants to put $40,000 down on a $94,000 purchase . Term is 12 months. Will pay off remaining balance with inheritance. I really want sold and it has knob and tube wiring and other older features that...
Jason Watson
Grouping Passive Activities
Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...
Erin Bryant
Using a contractor that is qualified by another contractor
i am working on my first rehab in Fl and we have been working with a contractor that has great reviews but we just learned before we signed the contract with him that he is qualified by another contractors license. I ...