Elaine Lau
Multiple Tenants and Utilities
Here’s my situation.I have a house I’m renting out to two different tenants, with their own separate units. Tenant A has a family of 5 and rents the main part of the house. The terms of the original contract was that ...
Cody Sims
Help with a wholesale deal in Oregon
Hi BP,I could really use some friendly advice from another wholesaler out there. My situation is this...I have a house under contract that nets me about 25k and leaves the investor plenty of room at around 46k net af...
Brendan Taylor
Real Estate Agent ISA Advice
I am a relatively new agent. Real estate has treated me well so far but i have to be honest, I HATE calling leads whether they be buyers or sellers. I dread it. Its the worst part of the day and often I do not do it. ...
Adam Grantz
buying vs building first time home buyer
Hello,
I’m a first time home buyer (21 years old) and car enthusiast.
I’m looking to just buy a house with a big garage and get to tinkering with my hobbies and do a little fabrication as well. Problem is that my ide...
Account Closed
Estate and gift tax in 2016
CPAs and the BP community with input/knowledge/experience with large monetary gifts:New Estate and Gift Tax for 2016Sometime in 2016, my wife and I would like to give my parents a large sum of $40-60k as a gift. I und...
Trevor Dominique
Deal Analysis: Would you buy this?
Hey BP,
Wanted to share the deal I am currently looking into purchasing and get your thoughts!This is an 8 unit apartment building in a small midwestern town. The property was built in 1992, and each unit is about ...
Astrid Dymond
Looking for a bank to support BRRR strategy
Hello,I am looking for a (local) bank to support the BRRR strategy. My business partners and I purchased and rehabbed a rental using cash. We now want to refinance it and need a bank that accepts the fact that the t...
Ziv Aviv
Naca Wondering
Hello everyone.I've been reading here allot and it's time to ask my first q :)I was reading about the NACA 0% down program for first time home owners and was wondering if I can do that with triplexes for example.So I ...
Philip Bourdon
IRA Distribution - Taxes
This is a question for you Tax-Savvy Folk out there. I'll soon be 59 1/2 and am planning take a distribution on a 403b (non-profit organizations) that I have with the intention of using it in a SD IRA (most likely wit...
Jay E.
Is this enough foot traffic in a rental?
Less than 2 weeks ago I posted a unit for rent in a class A/B highly desirable area in a HCOL city. I've gotten some traffic, not a ton, with maybe 8 messages and 4 showings. After the first week when there wasn't mu...