Here is some language from the one we are using:
2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
My dad made a significant amount of money buying and developing gas stations in the 90's. he's held all of them since, collecting rent checks each month, all are on a NNN lease.He's wanting to buy more now and I perso...
We are closing in a few days on a bi-level duplex. [It is currently empty] Both units have a space for a small stackable washer/dryer BUT there are no dryer ducts/exhausts/vent AND in the upstairs unit the plug would ...
I own a split duplex in Nashville TN that has two gas water heaters in the attic above each apartment bathroom. It was fine for 7 years, but one day the temperature dipped down so low, a burst pipe destroyed the unit....
We have a townhouse rental in Sterling, Virginia. Was just curious what your thoughts are about the Northern Virginia (specifically Loudoun County) Real Estate Market. More specifically,
Do you think there...
My wife and I purchase a SFR last April in Northern CA. (Redding) with intentions of turning it into a long term rental. We also have thought about turning this property into a short term rental as well due to its lac...
I am fairly new to BP and am very new to the world of real estate investing. I live in Charlotte, NC where I would like to begin my investing and my path towards financial freedom. A few quick details:-I work a salari...
When @Tom Sharkey and I first started our STRs, we would collect the weekly garbage and take it out on 'trash days' to be picked up. Now we have several units (trash days are different) and don't have the time to go u...