Tarik N.
Seller financing with interest-only payments
Hello,I am pondering my first seller-financed deal on a duplex. The seller will sell it to me fully leased at 5% amortized over 30 years with balloon payment after 7 years, interest only.I'm pretty happy OK with the t...
Scott P.
What exactly does a property manager do?
I've read books and these forums, but all I really see about property managers is that they "take care of everything". So let's say I have a 6-unit multi-family, and hire a property manager.
What would I end up need...
Christian Carson
House already under contract-strategy
All,
I've been through the process of buying rental properties in the past but now I'm looking for a duplex to owner-occupy. I found one in the middle of my top neighborhood, but it went under contract the da...
Aaron Phillips
Using my Cleaning Service for Real Estate
Hey how's it going BP community. I've been on here and talked about this a little bit, but I am the owner of a Cleaning Service located in the Mid-Ohio Valley. We are are Licensed company who focuses on Residential &a...
Marcelo Ricarte
Need advise on structuring a seller financing deal
Hello BP Family, my wife and I got a possible deal financed by the seller. We have no knowledge on how to structure a deal like this so we need your help!Some info: Seller is getting rid of some properties and we want...
John Nawrocki
15 or 30 year mortgage?
If I am trying to buy a single family home rental does it make sense to lower my cash flow in favor of a 15 year mortgage as opposed to a longer 30 year mortgage so that I can pay down the loan faster?
DS MokNgo
Accountant advise for foreign investor
Hi All,I am not a US resident and live in Australia. I have sold my US investment property in 2023. For Tax Return 2022, it is my first time I need to pay tax to IRS ($269). My accountant gave me instruction for payin...
JP P.
Owner Occupant 4-plex Advice
Hello BP folks, I would like some advice on potential property, here is my background and details. I would move out of my current home and live in 4-plexCurrently living situation is SF homeMortage - 1,000 (with HOA ...
Javon Dixon
Taking property pics with a cell phone
Does anyone take property pics with their cell phone as opposed to a digital camera?? or is that frowned upon in this establishment? lol. I plan to get a nice digital cam eventually but I'm not willing to take away...
Brad Z.
Smoking in Units
Do you allow smoking in middle to low income areas? I have completely rehabbed a property and would like to find solid non smoking tenants but will that seriously deter renters? Its a two unit, with 1 unit per floor. ...