My wife and I are currently looking a potential deal on a duplex in Pottstown, PA as our first ever investment property. My question pertains to the the borough's requirement for the landlord to be a resident of the b...
Most of my income is derived from re-sales. I cash out of most of my re-sale deals and usually only carry paper in order to solve a problem. However, this year I created two small seller carryback notes as a way of ...
Hello BP,Wanting to get some opinions here from folks in the know.My brother and I are in contract on some acreage in Nova Scotia Canada. After we purchase it we plan on selling some individual lots, perhaps developin...
i was wondering if anyone could look over this contract and let me know if it would be a good idea to use this specific contract i live in ny state. i simply want to know if you would personally use this contract ...
I am buying a house in Wisconsin to flip from Father whose son has lived in a house for 10 years with no written rental agreement and has never paid any rent but was supposed to. The house is 2 feet deep with garbage...
Originally my strategy was to find cheaper SFR or condos or something just to get my foot in the door and get a cash flowing property. Considering my current financial situation i thought this would be the best route....
Hello to everybody on BP.Long time lurker, first time poster here. Like countless people I've seen here at BP, I am tired of sitting on the sidelines and ready to TAKE ACTION. The motivation you receive from reading s...
I am so happy that I didn't go through with that deal I had couple of weeks ago. I had a deal where I was going to be purchasing a property keeping the sellers existing mortgage in place, and calling it "Seller's fina...
Hi. We have a few investment homes in Roanoke, VA for long-term rentals. When screening potential tenants, I've learned that the Zillow application doesn't show much, if anything, and the TransUnion SmartMove isn't pr...
Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...