Arthur R. van der Vant
5 best practices for screening tenants
Screening tenants is an important step in the property management process. By thoroughly vetting potential tenants, you can ensure that you choose reliable, responsible renters who will pay their rent on time and ta...
Jason Brown
Wholesaling Pre Foreclosures
I know a lot of people preach wholesaling pre foreclosures, but I'm worried with default/ lis pendens, that I will get the property under contract, and then the mortgage company will then foreclose during the contract...
Nicholas Arcidiacono
Seller Financing 101
Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
Josh Smith
Schedule E (Passive losses) -> 1040 (personal income)?
Hi
I recently had my 2022 taxes prepared (not yet filed) from a firm and I noticed that they took line 26 of Schedule E “Total rental real estate and royalty income or (loss)”, which is say -$5,000 (notice the minus/...
Lynn McGeein
Covenants vs Newer Rules & Regs: Which Prevails if Different?
SF detached in Raleigh HOA, we've owned 15+ years with minimal HOA issues, the occasional "needs pressure washing." Now new HOA management is issuing violations, saying No Commercial Vehicles allowed. Our 2005 versi...
Ryan Ness
1 Hour Away from Indy - Lending options?
I am currently located in Lafayette, Indiana. I have been living in a duplex househack that I purchased in 2021. I would always prefer to use as low a down payment as possible, but I understand that being located 1 ho...
Mark Bills
First Home Purchase | Stalled Deal | Seeking Experienced Advice
Hello BP Community,I am currently in the process of purchasing my first home (duplex, 1 side is renter occupied) on an FHA loan in Vancouver, Washington.I have paid my earnest moneyI was initially given a closing date...
Daulton H.
Can anyone explain supportive housing projects?
Looking for a basic explanation of the supportive housing project space. Has anyone had dealings in this arena? Thanks.
Shay Francis
Rehabber from Hartford, CT
Hey, I am Shay! I am 26 years old living in Hartford County, CT. I own and operate a remodeling company with my business partner. I am very interested in flipping houses and I am currently educating myself on the proc...
Amanda Smith
Buying with tenants - can I get rid if MTM renters?
In light of COVID, I was wondering if there were any restrictions on getting rid of the month-to-month tenants in a duplex I am buying at end of the month. They are paying almost $500 below market value rent and I kno...