Aaron Cook
First Deal - Diary of a Newbie
Hey guys,
My name is Aaron Cook, and my wife and I are under contract for our first deal! We have experienced a range of emotions such as being terrified all the way to being extremely excited! I wanted to write out...
Bruce L.
Can I deduct from Security Deposit?
Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
Justin Wilcox
How to reject an applicant for rent?
I have a room for rent and I happen to know that the person who wants to rent it would not be a good tenant because they have had not paid their rent in the past and cause problems for other tenants. It was not docume...
Spence Kal
What do I do with all this money?
Hey everyone, I have a question about a duplex I'm looking at for a 1031 exchange. I have a house I'm flipping now, and will have about 55k into it, hopefully selling for 110-120k. I would really like to not pay taxes...
Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Robert Smith
Tenant Wanting To Break Lease Early...
Our tenants (who have rented from us for about 1 year and 5 months) are having to terminate the lease early due to job loss. The husband was the primary bread winner and lost his COO job. He says he found a new one ne...
Account Closed
Purchasing inspection after previous buyer backed out?
So I am not totally sure if this is way out in left field but has anyone ever purchased an inspection from someone who backed out of a deal due to inspection contingency? My thoughts are that it would be a way for th...
Sayantan Satpati
ADU San Francisco Bay Area (San Jose)
Hi,
I wan't to build a detached ADU in our backyard. This would be my first home building/addition project. I was looking for suggestions on:
Total Cost & Cost per sq / ft Project timelineSuggestions...
Robert Siverd
Buying a building for small business
I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...