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My wife and I are buying a house and I was wondering if we should sell our condo. The house we are buying is 0.5 miles away from the condo so we were planning on handling the property management ourselves. We are in C...
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Hello BP,Curious about something. Most of us have heard about the 50% rule, or saving a % of gross rents for things like repairs, capex, PM, vacancies, etc. At what point do you determine you have enough cash saved up...
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Hello BP Family;
I signed up yesterday and I feel very comfortable in this community. I noticed that no question is stupid and that means so much and says a lot of the professionalism.
Let me set the scenario;
-I li...
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How much does your inspection as a buyer impact your investments? I have offered on a house at a really good price about $10k below asking price and about $20k below market average for the neighborhood. My inspection ...
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Hi,
I'm looking to rent out my condominium in Hoboken, New Jersey. I'm living abroad in Australia and don't intend to return to the US. I've been trying to sell my apartment for months now but it's been sit...
Hi all,My partner and I are interested in making certain types of 1031 exchanges easier and cheaper for investors by fully automating the role of qualified intermediaries (QIs) online. We want to make our product as h...
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My wife and I just added our children to the deed of our house, which we currently have a mortgage on. We also happen to be in the middle of applying for a HELOC with the same mortgage lender. We started the applicati...
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Hello,My best friend's mother is currently going through a divorce and trying to sell her house. She just dropped a potential buyer after over a month of going back and forth with low-ball offers, inspections, negotia...
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Below is a link from our newspaper in Cincinnati about a greater number of properties are not qualifying for section 8 vouchers and landlords are not make repairs to pass inspections. To me the piece lacked the landlo...
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I sold a property I owned for 4 years, during the last 2 years it was used as a vacation rental. I am using a 1031 to acquire a new property that will be used primarily as a vacation rental. For purposes of the ne...