Michael Manney
Property no longer cash flows...to sell or not to sell?
So I’m just starting out ... however, I've been managing two small rentals for several years now. One is the previous home i lived in, a small luxury condo in a Philadelphia suburb and the other is a house hack in Phi...
Ruben Pereira
Need to Sell before HUD (2 Years) period is over
Hi BP! This is my 3rd deal, I have a good HUD opportunity and I plan to live in the house but not more than a year, then I’ll sell, what are the consequences of selling before HUD time is over? Thank you!
Lorenzo Wright
Why the Live-In Flip is the Best Investment During a Recession
This may not be the best strategy for someone with a 10+ property portfolio, but for someone starting out the live-in flip is a great way to begin a real estate investing journey.
1 With only 3.5% down required for a...
Tony Sawah
I feel stuck. Any advice?
Hey everyone,I was hoping someone can give me some insight on this... So I recently moved to San Antonio for my job last August and my lease expires at the end of July. I probably only have 5k in capital right now an...
Leroy Wallace Jr
First Time Landlord...
Hi Everybody. I am closing on a Two Family (Owner Occupied) at the end of the month. There are some minor repairs to do in the rental unit before it is rented out. Any advice for a first time Landlord would be fant...
Matt Heidenfelder
Using MTR in Dallas, TX
Hey all! Wanted to get some feedback. My wife and I will be making our first purchase in Dallas, TX later this year. This will initially serve as a primary residence for us using an owner occupied loan and we plan to ...
Shari Posey
Need verbage for buying a property w/tenant & notice to vacate
I've got a buyer buying a duplex and the seller will give 60-day notice to vacate when the buyer removes all contingencies. Obviously, the current lease is between the current owner and tenant. It will not protect the...
Cali Skier
Clean, paying early tenant, got a cat, we found e-cigarettes
Preamble: We don't announce that we are the owners, we don't hide it, but it never comes up. We have a logo and a company name for all our properties, we look like a business. We sign the owner line on the lease, b...
Nicholas Sheridan, Jr.
Interest Deduction - First Home But Not Living In It
Hey BP community,I am in a scenario as a first time home buyer in which I am going to purchase a fourplex in NJ most likely with conventional financing (I have been pre qualified). I was originally planning on house h...
Matt Amundson
Single-family residence fix & flip investment.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $62,000
Cash invested: $15,000
Sale price: $144,000
Accepted an offer to sell the house at $144,000 and close o...