Hi Everyone,Last year I've converted my primary residence into a rental on July 1st, 2021. Can I deduct the mortgage interest that accrued while it was my primary residence? i.e the first 6 months of the year? I don't...
I just bought my first property a couple months ago and I’m planning on getting my second very soon. I wanted to know how you guys get more properties past the mortgage limit? I know some lenders won’t even give loans...
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Hi, I have a couple who applied for one of my units. I have not had the best gut feeling about them from the beginning. After running their applications (background check, credit, etc.) everything has come back satis...
We currently own around 40 multifamily units in Northeast Ohio. They range from a few duplexes, to a few 6-plexes, to a 12 unit apartment. They are all within 1-2 minutes of each-other (walkable distance), and we are ...
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
We are getting ready to list our primary home, but it's not on the open market yet. We've had one party take a look at our home that found out about it in a round-about way. He was very interested and wanted to come...
My wife and I are selling our home FSBO. We live in a market in which homes do not sell that often and therefore the buyers agent take on our list price will be very important to our sale. We also recently purchased...
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...
I have an company that is offering 3 levels of home inspection. Standard ($375), Pro ($525), and Premium. The difference between the Standard and the Pro is the infrared detection and the rodent inspection. The home w...