Sean Boon
First Deal.. Bad Turnkey Situation..Looking for Next Steps
Hello,First post here. I purchased my first rental property in Jacksonville about a year ago. It's turning out to be a massive headache. It's never been rented. I was probably totally scammed. The property mana...
John Byrley
Title insurance for property obtained after tax lien foreclosure.
In March of this year, we acquired title to a property in St. Mary's county, Maryland, through a tax lien foreclosure, paying about $40K. The prior owner, a mentally-challenged man, had died in 2018 while in long te...
Ryan Tyree
Help understanding a LP K-1 net loss
I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investme...
Jesse Fernandez
Leveraging the short term tax loophole for cost segregation qualification
I am looking to take advantage of cost seg for a 2 unit MF property - which has tenants for long term rental (let's call this property A)I know that in order to take advantage of cost segregation, there are no speci...
George Hariri
Finding Neighborhoods for Rental Properties
I have a mentor who gave me the advice to identify an area that I want to invest in, a zipcode or two, and learn it inside and out. He has small sections of his market that he knows better than anyone else, he is able...
Angeline Mentor
What is FHA Warrantable
Hi All, I was recently applying for a loan (Hard Money) and having difficulty getting financing on a condo that is FHA Warrantable.
What exactly does this mean? Why are lenders reluctant to finance a condo that is F...
Edi C.
Architect, Engineer, Drafter...? (Miami/Ft. Lauderdale area)
Hi BP community! I'm looking for experienced insight on my first stage of a project! I have a small SFH in FLL area, located in a 135x50 lot zoned for 2 units. This old neighborhood developed well over the past years ...
Louie E.
Inheriting tenants on welfare
Hello. I am inheriting a couple of tenants on welfare in this 4-plex I have under contract. Any advice on how to deal with them. I suppose if they have been paying rent to the previous owner then they should be ok....
Toby Russell
Nc banks for beginners
Does anyone know of nc local banks that will allow for less than 20% down and not charge points for small loans?
Brandon Vanderford
Land loan with 10% down?
My brother is investigating a potential investment property that could have significant upside if certain easements are obtained. He intends to keep the land for personal use initially, however. The purchase price wou...