Catherine M.
Home Appraisal: Do they need access to all spaces?
I am buying the home I’m living in, in the coming month or so. The appraiser has been ordered. The property has a rental unit and two garages. One of these garages is rented out as storage and will not be accessible ...
Alma Ferrer
Appraisers
anyone in the Chicago area, can you recommend a good residential appraiser near the Bellwood area?
Nick Naik
Lease application with co-signer
Hello,I have a situation where a potential tenant doesn't have enough income to support the rent. However, the tenant receives child support that would cover the rent amount and is ready to add a co-signer on the leas...
Eli M.
Non Covid-19 SBA loans
Dear BP family,I was wondering if anyone of you has any experience applying/getting the regular non-covid related SBA loan for real estate purposes?What's the application process? How do I apply?Any helpful informatio...
Miguel Aguilera
How to Calculate Property Value for Portfolio?
Good morning all!So I'm trying to organize our family's portfolio now that we have a rental property and I am not sure which value to use. We purchased in 2010. The property had an appraisal in 2014 for a HELOC which ...
NaTarrio Jones
How should I set up bank accounts for my REI Business.
I currently have multiple submitted offers on SFR properties with the purpose of implementing the BRRR strategy. I have not yet registered an LLC, however I do plan on doing so after I reach my max on conventional f...
Joseph Tolliver
Assumption or Subject-to
If you obtain a house by assuming or subject-to existing financing. Can you turn around and get a HELOC on that home? Assuming you bought the house correctly and there is enough equity to do so.
Edward Stephens
Tips for converting basement into storage facility?
Dear BP Family,I recently got a roommate at for my 3b/1.1ba half duplex. We both share the basement. I want to lease my basement to someone on a monthly (or weekly) basis for storage purposes only. I am posting an ...
Luis Barahona
Need help valuing a property
Hello,I've been sending mailers to homeowners in the area letting them know I'm interested in buying properties in the area. I've gotten responses from a few people. One owner who owns a duplex in San Francisco is int...
Gabriel P.
Sweat Equity treatment?
Hello all! I am currently househacking and doing some work on my own property aka putting in sweat equity. My question is: what is the treatment of my labor for for tax purposes? For example, if I paid a subcontractor...