Glenn Cheshire
Unemployed siblings & liability in a house that I share ownership
I am looking for help regarding a house that I am 1/7th owner. Both of my parents are deceased, and I now share ownership in their house with my three brothers and three sisters. The house was never in great shape and...
Eric Andrekopoulos
Investor Off loading portfolio but doesn't want to seller finance.
Hey BP Fam, I currently have a local investor looking to exit his rental business within the next 5 years because he's older in age. So he wants to sell all of his properties. A vast majority of them have 100% equity...
Sean Julian
Getting my contractor to commit
My contractor says all the right things but I can’t get him to give me a timeline or cost breakdown. This is a BRRRR with a potential tenant already lined up. Is there a way you’ve dealt with this that didn’t end up...
Christopher Lynch
Should I sell my Rhode Island Duplex or Hold it
I bought my duplex 2 years ago for a excellent deal. The property is a townhouse style duplex with hardwoods throughout, updated kitchens, and 3 bedroom 1.5 baths per unit. Fair market rent is about $1800 per unit and...
Zain B.
Attorney Review comments regarding title company charges
Hi BP Nation, I am looking for some advise on who pays for title company charges in the state of NJ. I am the buyer of a property in NJ and have a property under contract. The standard Realtor contract that my agent p...
Qi Ming Chen
Using 1031 exchange proceed for partnership
Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
Arthur Schwartz
How do rental losses work if income is over $150?
Hi there! I am interested in how rental losses work if income is over $150K and if not a real estate professional. First, I suppose that these losses can be carried forward but how are they eventually taken? Only i...
Alex Fenske
Will mortgage rates go down? / Should I wait to buy a home or investment property?
It's a popular question people are asking me these days. Here are my answers...Will rates at some point be lower than they are today? Yes. What most people really mean when they ask me this question, though, is whethe...
Rick LaFleur
Bank Account question
I am close to finishing refreshing STR and putting on AirBNB for the first time. This townhome was purchased as primary, then kept after buying another home as primary, so it is held personally, not in LLC. Is there...
Ken Henson
Pre-foreclosure in Texas
Does anyone have experience with pre-foreclosure in texas? Ive been trying to work it here, but the time frame that I have just doesn't seem to be enough. I getting a good response from home owners but by the time t...