Julie L.
Preserving equity for recession - sell, HELOC, Refi?
I wanted to post on BP and see what you all think about how to protect large amounts of equity for when the recession will hit. Open up a HELOC? Refi? Sell?
Account Closed
Question on self representing as a buyer
Hi there,Wondering if the professionals here can give me a clear answer. On several occasions, I’ve asked listing agents if they would be open to a cash buyer who represented themselves which would help save the selle...
Kraig Kujawa
Can you Help me WIth This Tax Deed Debt Collector Lien ?
Hey there,I am looking at a Tax Deed sale and there is a lien (one of many) on it from a debt collection agency. I've begun to work with the county and municipalities to work on reducing the amount ill need to pay, bu...
Jason Powell
Looking at property with section 8
I am looking at a property that about half of the tenants are section 8, they do not pay utilities, the other half pay utilities. I cannot make the numbers, for purchasing, work if I don't have the section 8 tenants p...
Vishal Bansal
Is DFW rental market slowing down
I've a duplex which is newly painted and repaired two months ago but it is still empty. The unit size is 4 bed and 2 baths, I've reduced the rental price from $1700 to $1500 in last 2 months. Apparently, there is lot ...
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...
Jacqueline Jankaew
Fair Market Rent vs Mortgage
Hello and thank you all for your knowledge and time. Is it normal now for Mortgage to be more than fair market rent? When purchasing with less money down, mortgage insurance, compounded home insurance and property tax...
Alexandra E Aponte
Transferring property to heirs
Hello BP!
Love this website, the podcasts, forums, books etc. thank you in advance for the wealth of information.
Here's the situation:
My father would like to transfer a property to my name, or essentially "...
John T Lizzo
Chicago Property Taxes
Hey fellow Chicago investors,
I've seen a few forum questions about calculating/estimating Chicago property taxes so I thought I would offer some tools. I work for a commercial appraisal firm that does a lot of tax w...
Josh Engen
Add 2nd water line duplex cost?
Hello fellow BP members!I am a part owner of a duplex in Olympia, Washington and we invest in the Tumwater, Lacey and Olympia areas. There is currently only one main water line and we are considering adding a 2nd mete...