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So...my tenant has faithfully paid the rent and utilities. The lease is up April 1st, and the tenant asked to extend until May 1st. I had no problem with this. Background is that this tenant has always asked to have...
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A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
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Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
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BP,A slight twist on the classic question, "should I get licensed?"In 6 months I will be transitioning out of the military and into civilian life, with no job lined up. I have a very clear 5 year goal but need some he...
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Hi all - I have a question that is most likely for tax specialist's and attorneys, but I thought I would see if anyone here has any insight. I sold a property with a partner and we put the money into a 1031 and bought...
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I’m a new investor, determined to buy my first rental property and start my journey to exit the rat race..I found a great turn key SF home, with good Coc in a C type neighborhood (Crime rate is relatively high). Would...
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Hi everyone. I'm new to BP. Been listening to many of their podcasts in the last 2 months or so and finally signed up. I have a particular scenario and would love to get others opinion. I'm an out-of-state buy and hol...
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Earlier today on LinkedIn I came across a posting from a company that provides business lines of credit up to $150K in unsecured business credit, 0% interest for 6-12 months, no income verification and no credit repor...
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I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...
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I'm working on a first flip deal in Vermont. I have a single family residence under contract for well below the assessed value. I had applied at my local bank but was turned down because my ratios of debt to income ar...