Jessica Rosenberg
Should I sell or rent
Hello everyone,
I purchase my first property back in 2015, as of today I have 100k in equity. I am truly interested in investing and need to know what the best move I should make. If I rent the property after mortgag...
David G Vreeland
New Investor Rental Property
I am new to these forums and also a first time investor and am hoping for some advice on a potential first rental investment. It looks like a good deal and I am buying from someone I trust but could use some input f...
Sahil Relan
Inheriting Tenants, Help Needed
Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...
Caleb Whitney
Inspections on short sale properties?
Those of you that purchase and retail a lot of short sales, do you have the property inspected? If so at what point during the negotiations? I'd hate to pay an inspector and the deal fall through.
One other point. ...
Eric Chang
Taking Over Tenants in Oakland
Hi BP Community ! I am a first time landlord and bought a duplex in Oakland. Each unit already has 3-4 tenants in there, some on the existing lease and some not. There is one long term tenant who subleases to other fr...
Shanna Beverly
"Subject to" Wrap Loan using owner financing and a RMLO
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....
Ryan J.
write your own offer to save 3% commission
We live in WA State and have bought 6 homes using buyers agents. Unfortunately the agents do not add much value - we have found all of the homes ourselves and attend all of the open houses ourselves. Everything is a...
N/A N/A
Turning Primary Residence into Rental
Hello Everyone,
I have kind of a sticky situation. My wife and I have jointly owned our primary residence (let's call this property A) since 1996 and have built quite a bit of equity in it. We recently decided to p...
Lisa Wilson
Tenent wants rent reduced
Hi, My tenent's lease is coming to an end in June. She has been on a year to year and has been an excellent tenent (pays on time, takes excellent care of home). She now works part-time (semi-retired) and asked if we w...
Austin Hendrickson
Opportunity Zones - new potential PERMANENT tax savings?
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...