Account Closed
What to do with excess cash
Hi everyone! I’m new to BP and excited to learn from all you experts!
I have 250k cash in checking and am self employed and bring in 40k a month from this specific business. 30k of it goes to my financial advisor and...
De'andre Williams
Real Estate Tech Talk!
Hey Everyone,
With all the excitement around real estate tech lately, I'm curious – what tools or platforms have you found most beneficial in your work? Especially with AI becoming a bigger player, I'd love to hear ...
Michael Fitzpatrick
simple but stupid lease option assignment question
So after you assign your lease and assign your option to the tenant buyer or seller, you are out of liability for payments on the lease? The seller basically becomes a landlord per say. They have to be the ones to con...
Gabe G.
3rd rental purchase, critique please.
Purchased my 3rd rental property in Indiana and got it leased up yesterday.
The numbers
Purchase price $42000
Capital put in to rent- $2000
ARV $50k
30 yr fixed at 5.25
Rent $74...
Patrick McCafferty
Investor making an offer on a short sale
I like this property in my area. It is subject to short sale approval and it needs a lot of work. It is on the market for $199k, down from $329k. There is an $80k Home Equity Loan in first position, then a $175k an...
Francesca Tindal
Filing Taxes When You Have Out of State Rental Property
I currently live in New York and own a rental property in South Carolina. I did about $10,000 of repairs on the house when I purchased it in 2018 and it was occupied from December 2018 through October 2019. Last tax s...
Jose Lopez
Where can I find local meetups here?
I asked some questions here and several people have told me to go to some local real estate event, but where do I find them, because when I searched for that exact criteria, I only found events that happened a month ...
Brad E.
Calculator results explanation
Hi, I am a total newb here but have been to a couple webinars and recently tried the rental property analysis calc. When I get the results I end up with a bunch of numbers that I am not sure what exactly they mean - ...
Kim Thrailkill
Buying investment properties outside of your state - tax impact?
Hello, I am a single mom, have my real estate license and I am trying to build my own portfolio, buying income property in California is difficult to do with the cost of homes and the cap rates are awful. So I am lo...
Frank Jennings
Evicting a Tenant
I am going to start the eviction process and serve a tenant with a Notice to Quit. Never had to do this before. Would you recommend paying a lawyer to guide me through the process?