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Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...
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Hello BP folks,
So I am currently a 21-year-old college student at the University of Florida, as well as a licensed real estate agent. As of right now, I am not making consistent enough income, nor do I have enough i...
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Let me try to give a real world experience that may provide some conclusion as to whether or not owning more properties provides greater protection.I’m going to use a duplex that I purchased in city of South Minneapol...
Hi everyone. I'm thinking of approaching my parents with the following scenario. I have a feeling they would be okay with it due to my work ethic.I live in the NY Metro area and want to get into real estate investin...
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I have owned student rentals, game-day rentals, condos and single family houses, but have never looked at vacation rentals. I am in Charleston, SC and it seems like a good area for vacation rentals. Does anyone have...
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so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
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Hello BP,
I was hoping you pros out there might be able to give me a strategy that would help my mom stay in her house.
She owns the house free and clear but the house is very big, the RE taxes are high, the upkeep ...
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Hi!
I’m a new investor and bought a vacant lot as a quit claim deed from a bank. The bank hadn’t paid taxes on the lot for the past 8 years. So, I paid the taxes and the bank gave me a quit claim deed. When I went to...
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Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
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We have a progressive tax system in this country that supposedly taxes the "rich" more than common folks. I was wondering at what point someone magically becomes rich and should shoulder the burden of carrying others...