Hello friends I have a quick question I need some capital right now so I’m offering a friend a 50% stake in a $1000 cash flowing Rental I have the option to buy him out how do I value how much he should pay .
House w...
Hi BPers - I'm looking for an inexpensive way to dump some construction debris from a rehab project I have in progress. I used to use a contractor who could fill the flat bed of his pick-up and dump it for $75 (in th...
Hello everyone! Hope everyone’s doing great. Let’s talk about tenants and problem-solving systems. What’s the worst tenant(s) you have ever had? What did he/she do? How did you solve the problem? What changes or addit...
As in, is there a tax loophole here to avoid capital gains? I know of 1031 exchanges, but this is a bit different....I took money out of some of my rentals a few years ago to buy more. Wondering if I sell some now and...
I am currently in the process of purchasing a duplex. My issue is I live in Pennsylvania and it's already getting cold here. The one half is already rented out so I am not worried about that side. My problem is ...
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
I bought a house I'm hoping to tear down and replace with two town homes (my street is zoned for this). I intend to sell one side and live in the other. Since I am retaining ownership of half the property, do I have t...
Just wanted to share with the BP community a couple of tips that came into great use while screening a perspective tenant:
1. If available online, check with the county assessor who actually owns the property...
We bought a commercial property (4200 ft2 home facility that is a handicapped-accessible 8 BR, 2 bath home, with 2 additional ensuite units that have dedicated bathrooms) that required significant work. As newbies, we...
We haven't seen that many due on sale clauses being enforced by lenders over the past decade or so. At the same time, we're seeing some gurus selling strategies like subto as if there is no risk of triggering a DOSC. ...