Robert C.
Room rental - common area furnishings & appliances in lease?
Hi,looking to rent out a room in my home, and would like to know if I should list the shared common area furniture & appliances in the lease agreement? The rented room itself is not furnished, but other areas of t...
Dan Griffin
Buying house for short term personal residence
Hey folks, I'm wondering if you can add some insight here.
My wife and I will be spending 6 months or so in the town where my parents live. We were thinking that maybe it would make sense to buy something, get a low ...
Arturo Pena Miranda
Identifying Agents to Invest Over a Million in a 1031 Exchange
BP Community,
My family has received an offer to sell a real estate asset for over one million ($1,000,000). Whether the transaction goes through is not guaranteed, because the offer is contingent on the buyer sorti...
Cameron Brulotte
House Hack
So I am currently looking at a 3 bedroom house in shoreline, Washington. Purchase price = 360k My mortgage is going to be around 2150. however I am planning on renting out the other 2 rooms. i am aware of the 1 per...
Vinh Nguyen
Clarification on the 1% rule, please
Hi!Regarding the 1% rule, does it apply to the price the property was purchased alone or the price of the house plus repair cost? I would assume it applies to only the cost of the house. Just looking for confirmation....
Kristie Hurst
Deciding on our first investment in a college town
Hi there,We are looking at an investment property in the town where our daughter will be attending college in the fall. This will be our first deal. It's a single family, 3 bed, 2 bath, 2 car garage, small fenced yard...
Jeff R.
Fix and flip calculator vs 70% rule
I have been using the 70 percent rule on my deals to determine the MAO. I used the fix and flip calculator in the tools tab and am having trouble understanding why the big difference in MAO. They both serve the same i...
Ryan Fox
The 50% rule and down-payment size
Looking to purchase our first single-family home out of state (timeline about 12 months). We want to be conservative so we have been using the 50% rule to practice analyzing various properties. We're finding it very d...
Sharnell James
LLC ??
Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?
Joshua Hughes
House Hacking Nightmare
Goodmorning BP family- I have added an additional single family house to my portfolio so I am now house hacking two homes. Both of them are by the bedroom and this new one I just completed a master bedroom build added...