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Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
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Ok, I have read through the student loans posts and didn't see anything quite like our situation, so I figured I'd lay it out and see what you all thought.My wife and I have about $230K in combined student loan debt. ...
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I'm in the Atlanta area and I got a quote from AquaGuard today for fixing the foundation of a house I'm interested in purchasing and it came out to $26,000. House is in pretty good shape outside of the foundation issu...
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Hi BP community, I just finished listening to Mike Butler's "Landlording on Autopilot" audiobook, and I found his chapter on showing vacant units very interesting. For those that haven't read or listened, he recommend...
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Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
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I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
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Hows everyone doing? Just wondering how most of y'all pay contractors. I got a few bids from contractors I've never used before so I'm thinking about not paying them until job is complete cause I know sometimes the...
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Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
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Alright, so this is my situation:
I have a team of contractors that are ready to roll as soon as possible. I've got a project manager in place (because I can only dedicate part time hours to the actual rehabbing p...
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Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...