Ryan Sanders
Lease Option legality issues in CO?
I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...
Dominique Mickles
How can I have cash flow while paying taxes & insurance?
I’m really trying to get into the game but I was wondering if I have to pay mortgage, taxes & insurance each month isn’t that getting into my cash flow? How would I really be profiting?
Sami Patel
Beautiful Bolingbrook Home with Pond Views
Investment Info:
Single-family residence buy & hold investment in Bolingbrook.
Purchase price: $240,500
Cash invested: $12,025
Set up as a 5% down 15 year mortgage. At the time of purchase, I was...
Daniel Cullen
Boutique 5 Unit in Bucktown
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $560,000
Cash invested: $175,000
5 unit wood frame building which was constructed in the early 1900's. It has...
Brendon Kerrigan
Tax Help of Seller Financing Deal
Hi BP Community!Trying to do my first seller financing deal and the owner is open to the idea, but has 1 concern that I didn't have an answer for off hand. If I buy the property tomorrow, and the owner carries the mor...
James Bartlett
Does timing of Transfer of Title/Ownership matter?
Hey everyone, I will try keep this short and to the point. I'm looking to buy one of the properties I manage. This is a 4 unit building. Rough numbers (still negotiating) 500k sale price. 100k down. 3 year balloon. We...
Adrienne Johnson
Need help with financing my next investment....
I have talked with a homeowner who is ready to unload a under-performing duplex because he is tired of dealing with the type of tenants he approves to live there. I have history with this property because I use to un...
Arron Paulino
Squatters and Thiefs Keep It Up
I have vacant properties that have been a struggle to upkeep while they are on the market either to be rented out or sold, whichever comes first. One property had its water heater stolen not once but twice as well as ...
Edward Shin
INSTALLMENT LAND CONTRACTS: what's the good, the bad, and the ugly?
I've recently been introduced to the strategy of selling property using an installment land contract. It's appealing for a number of reasons: the buyer gets equitable interest in a property, takes care of all repairs,...
Amanda G.
Quarterly Taxes- when did you start?
I'm cheap (ahem, frugal) and I've been doing my own annual taxes. At what point do you need to start paying quarterly? I have a W-2 job, and happily the rental portfolio is growing.