Dovid Staples
How to determine market cap rates
Hello BP! I have a question that I'm sure is as newby as it gets. I found a six plex in n the Phoenix az metro area, called the owners, had the current income and expenses emailed to me and began to do the numbers to ...
Anita Effendi
Need Help In Purchasing Direct From Seller
Hi BPs!I have been negotiating a deal direct with seller direct. No realtor involves. I am curious if I can use Standard Purchase Agreement that I bought from Staples to type an offer and get this deal going?I do have...
Lexie Staples
Evicting an inherited tenant to live in their unit
Hello! I'm a new investor and so excited about my first property. I'm in the process of closing on a 7 unit multifamily/apartment building in Texas that is fully rented out. The first problem I have is that I plan to ...
Josh Staples
Sell property to multi-member LLC to restore VA entitlement
I know I cannot restore the VA entitlement through refi, unless I elect the one-time entitlement restoration. My understanding is that I have to sell the property and pay off the loan to restore entitlement. I’m wonde...
Cassie Roberts
I started an LLC....now what?
My husband and I purchased three SFH this past year and are using them as rentals. We decided to create an LLC to protect our personal assets. The LLC was created after purchasing the rentals. We used our accountant t...
James Staples
Never flipped or use real estate as a tool for wealth.
I am in my mid 50's. I have $5k set aside to begin R/E Investing. I want to do Wholesaling, just simple find the property, flip it to a rehabber. This small bit of money is all I have to get going, I am disabled ...
Bienes Raices
Reusing last years tax forms
Staples doesn't appear to have the 2012 1099-misc contractor kit available yet--will IRS mind if I just use the 2011 forms?
Leland S.
How to resuse existing stair treads
Hi - I have some old poplar stair treads that I need to figure out what I'm doing with. I have light bamboo upstairs and darker vinyl flooring at the bottom. Several contractors wanted to replace the whole staircase, ...
Karen Rodriguez
Attic remodel permit question
Hi Everyone,Newbie question...If I buy a property that has a bonus room addition that was never properly permitted, is it better to just to leave it be or would it be possible to get the space permitted now since I am...
Karen C.
Removing Glued Carpet from Wood Stairs
Just looking for some tips on the best way to remove glued down carpet from wood stairs. I know the stairs are wood because the carpet from the landing and two steps below it has been removed by someone other than me....