Evan Manship
FHA Loan Owner Occupancy
Hey BP,
First time poster, long time reader. I am currently living with my parents but am considering purchasing my first home using FHA financing.I understand that FHA requires "owner occupancy" for at least...
Chan K.
Tax Assessor Law Section 38D Chapter 59
Hi BPer,
Today, I received a letter from the Board of Assessors in regards to Law Section 38D Chapter 59. This law states that I required to provided "Written Return of Information to Determine Valuation of R...
Kurt Williams
ONTARIO: NEW EVICTION RULES (..SIGH)
Just looking to get a conversation going on the amendments to S.48 of the Ontario Residential Tenancies Act.Landlords are now required to pay one month worth of rent when evicting for the purpose of taking over the un...
Sam Issa
Stuck with city permit
Looking for advice. Last year, I bought a 3/2 SFR in Tampa, FL to fix and flip from a wholesaler. The house was in mid-rehab and was red-taped by the city for work without a permit. I checked with the city and they sa...
Account Closed
Big refund or owe a little
As a tax return preparer, I run across people that deliberately have more withheld during the year than necessary as a kind of forced savings. Others that initially work at owing nothing or paying a little at year's ...
Pradeep Bhatia
Accountant did not file our taxes in the past 6 years
My partner called me a week ago to inform me he spoke with our accountant and to his shock our company taxes were never filed since 2015. We met this accountant through our meditation centre when we were in Florida in...
George P.
How should i structure Land Contract?
I am closing on a house today that my concrete contractor wants to buy on a land contract.Frankly, i dont know if i want to sell any of the houses that we have, but he keeps pushing me to sell it after we close.can yo...
David Lecko
I bought a house for $5k and used credit cards to renovate it!
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $4,782
Cash invested: $67,000
My 3rd deal! This was the 1st deal I bought from driving with the Dea...
Michael Henzgen
Cold Calling - DNC List
I have expanded my marketing tactics to cold calling property owners to see if they have any interest in selling. One concern is that I could be calling numbers registered under the federal do-not-call list. Does this...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...