Hector Lewis
Water bill in my name or the Property Management Companies Name
Hello,I recently closed on a duplex in Texas. The utilities are paid by the tenants except for the water. My new property management company asked if I wanted the water bill in my name or property management company...
David R Duitsman
Help understanding tax lien
Hi, I was looking at tax lien properties and needed clarification. I did email the treasurer and am waiting for a reply. But figured I'd ask here as well. The amount is in thousands right? Yearly tax amount was 700i...
Alan Bosca
Determining Rent Increase Amount
Is there any good resource on a fair rent increase for beach properties in the Santa Monica area? Any input into how best to determine that appreciated.
Mickey Scott
MTR Partner or Purchase Louisville, KY
I currently have a 2/2 house located in Camp Tayler suburb of Louisville, KY. I have it set up as a Midterm rental and listed on AirBNB and FurinshedFinders. I have accepted a new W2 job relocating my family to Florid...
Brett K.
FHA 90 day seasoning for flips
I'm representing a seller who just remodeled a property. He purchased it in Dec. 2016 but the deed wasn't recorded until about 30 days later.The underwriter wants us to rewrite the contract with a new date, get a sec...
Thomas Alexander
FHA Duplex w/ Cosigner
I am finding a lot of conflicting information online and was hoping for some advice. I am looking at a duplex that I want to purchase using a FHA loan and my mother as a cosigner. I was told that since it is a multifa...
Chase Metzger
Starting a Real Estate Portfolio
First I'm very thankful for any helpful advice. Location: Omaha, NEMy wife of 5 years and I have 3 young children and have lived in our mortgaged home for 4 years. We have a FHA loan and put down 3.5%. We purchased ...
Luke Carl
Refinancing with a Partner and how to handle DTI
Looking to make an offer on a bank owend auction.com property with a partner on Monday. He's bringing the cash (I'll be the sweat/management) and we would want to refinance into a conventional so he can get his money ...
Courtney Nguyen
Wil you rent to this couple?
Hi BP community,Today I received the application for this couple (with 1 kid, 2 small dogs) whose income is above my criteria of 3.5 x rent (rent is $2200/month), both have good credit (husband 799, wife 736), both ha...
Dirk S.
Tax implications on sale of principal residence
Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...