Chris Mason
Easiest way to be allowed to prepare taxes, especially Sch E?
Hi Tax Pros,I'm a mortgage lender. We kind of have a love/hate relationship, but I'm probably never going to ask you for any sort of letter "guaranteeing" that Sally's business is "guaranteed" to make $X00k/yr for the...
Kyle Soderman
Sketchy listing on the MLS
I was just surfing the MLS as I sometimes do and came across a listing with this description "Nice income potential. Duplex located in Willmar. House just needs some TLC. Main floor unit is vacant and can be shown. U...
Frank Kosiba
Seeking Lending Direction on Buy & Hold Property w/Rehab
Good morning BP community. Looking for advice on how to structure financing for a deal I have under agreement. Background on me is 1 multi-fam in Boston and a vacation rental on Cape Cod - both cash flow positive sinc...
Kelli Vissers
Great wholesaling opportunity or bust?
Hi all!
I would like to start out by saying that I am a new investor. I have dabbled in real estate for several years, but have never taken it too seriously until this point. I have purchased a few ...
Stephen Littles
Value
good morning everyone, as I get ready to go out today and make it happen, I've asked myself a question, WHY should a seasoned investor that is willing to work with a REALTOR, work with someone like myself, someone wit...
Tarquinn Curry
Reserves
I'm looking to purchase a multifamily Unit in the Southern California area. How much money should I have in reserves when purchasing a multiunit? What is a general good rule of thumb to go by?
Michelle Peavy
Looking To Fund Addition Of Rental Units On Property
I'm currently on 5 acres and am looking at ways to create value added investments opportunities to it. I would like to put 3 rental cottages/cabins on the property. I spoke to a mortgage broker and found out some ver...
Stephanie Senske
How should I determine halfway house master lease amount?
The property needs a little more work, but we have an unexpected family illness that takes financial priority, so we are very potentially looking to sell as is ( AIRDNA shows 149,700 annually if 6 of the 8 bedroom...
Jerry Simons
Florida ststue 718.113(1) and 718.111
Florida ststue 718.113(1) states Maintenance of the common elements is the responsibility of the association: elsewhere is also includes repair and replacement.
In another statute, 718.111 it states...
Miguel Nicholas Ochoa
First Single Family House Hack
Investment Info:
Single-family residence other investment in Norfolk.
Purchase price: $147,800
Cash invested: $3,000
This is a house hacking situation where I'm living and flipping, while rooming wit...