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Hey BP! I am looking for any competitive lenders who are still offering HELOC's on investment properties? It seems like most lenders have pulled back and have restricted this to primary residences only now. The pur...
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What policy or procedure are you using if your tenant won't be able to make rent due to being affected by covid in this second wave? This winter will be bad.I have a tenant that informed me today Dec rent will be sh...
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Here’s a very brief summary of a few things it includes:
- Stimulus checks worth up to $1,400 per person. There are restrictions based on how much you make.
- Unemployment assistance - A $300 federal increase to we...
So I've had a remodel project go south pretty bad. I hired a GC to flip a house that I bought(adding on to it as well), took out a hard money loan to purchase the property and after months of BS and no work I decided ...
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Hey All,
I have been reading a lot but have some questions regarding purchasing an investment property to rent:
I have been living in a house for 4 years and the landlord has been talking about selling every year. T...
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Ordinarily a syndication is heavy ownership % on the LP side .. for example 80% LP 20% GP with or without preferred return.My question is and I ask because I heard Podcast where Tim Bratz structures all of his deals t...
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Dear BP people I'll need your help on this-
I just purchased a rental, the tenant came with it. He works in hospital as nurse and seems to be a nice guy, he does has a bankruptcy history (home got foreclosed a few yea...
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I am the owner (Inheritor) of a building that used to be a bar in Phila. Pa. Someone is interested in leasing the property but it needs appx. 70K in work to get it where they want it. I understand I am obligated to pa...
Hi guys, newbie here.
I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
Here are my questions:
1. Can I deduct mortgage in...
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Hi BP community,My name is José Felipe Hooker-Gómez. I am an industrial engineer currently working for a multinational here in Orlando. I have been listening to the BP broadcast and also have been reading some real es...