Orion Walker
An Odd Market Consideration?
Hi Folks,I live in Ukiah, California, (Mendocino County) which is 2 hours north of San Francisco, one hour north of Santa Rosa. This area is infamous for being part of the "Emerald Triangle" meaning Marijuana is a sub...
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Pre-Approval Credit Considerations
When getting pre-approved, are there any considerations when shopping approval & interest rates from different lenders? And are there any strategies to get pre-approved from multiple lenders without dinging credit...
Darren Nardo
Neighbor property in consideration.
Hey guys! So my neighbor is really sick and it doesn’t look like he’s going to make it. We have been really close with him for years. He’s the man but his family is not very polite. I am wondering how to (if this is e...
Sarah Dawson
Partnership considerations for notes
I would love to hear some thoughts on a potential partnership with a note. I have a potential PN to purchase for 80k on an UPB of 112k. This is a duplex that would rent for 600 per side and current value 117k.It’s clo...
Anthony Del Russo
House Hacking Tax Considerations
Hello BP!I am moving towards closing on my first single family house hack! Very exciting for me. I have 2 tenants ready to move in after I close and I was wondering about the tax benefits/nuances of a SF House Hack.So...
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Contract Consideration (aka deposit)
What are some creative ways to make a legally binding contract without putting down a sizable deposit?
For example, consideration doesn't have to be money, what else could it be in a wholesale deal?
Fru...
Allison Yen
Considerations for selling properties
Background: purchased 3 entry level SFH properties in Montgomery, AL in 2021. 2 of the 3 properties are older and have had rehab work done and with maintenance issues come up more than desired. They were also harder t...
Anas B.
Tax Considerations for Flipping
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Jeff Cliff
Swimming pool demolition considerations?
Hello,
I am planning to demolish a swimming pool in the backyard as it is not in good shape and the weather is usually on the cooler side so the usage would be very little if at all, besides fixing the pool in its cu...
Ryan H.
Solar Lease Considerations/Options
I'm considering offering on a property that has a solar panel system. What should I be considering? Can I assume the lease and have a chance of folding the costs into the rent (due to lower utility costs)? Should ...