Ken Morris
Newbie Wholesale question
Hey BP community I am trying to wholesale my first deal in Richmond Virginia. I have found the property and I have spoken with the owner and my inspector will be looking at the property this Saturday. Now my agent got...
Kaustubh Johri
Where can I read up more on IRS codes ?
Does IRS publish the various codes (maybe a book or a pdf document) that I can read up ? I am interested in knowing more about Tax saving techniques via RE investing.
Chris Allen
Connect with CRNA's, RN's, and other Healthcare workers
So I just wanted to see if there are any CRNA's, RN's or any other Healthcare workers out there who are crushing it in real estate and small business. Would love to connect!
I am currently an RN working in Cardiothor...
Aaron S.
Co-Ownership and Taxes: Who gets to claim mortgage interest, depreciation etc?
In 2022 I bought a single family home with a VA loan. I house hacked with my partner paying half of the monthly expenses. We also had 2 roommates and we split the rental income from them every month.After a couple of ...
Maneesh Joshi
Big Issue at Final Walk through
Hello All,
I am in the process of buying a rental property in Philly and I live out of state. We were to close today so I had my agent do a final walk through yesterday. When he got there he found that the bathroom...
Tony Nguyen
What are my options when the balloon payment is due?
I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
John McDermon
Late fees in CA
I have a tenant 1 one year into a 2-yr lease in a 4 BR/3 Ba SFR in SoCal. He's a good tenant as far as taking care of the property and not complaining about the little things. But, recently he's begun to pay late. Th...
Austin Entrop
Buying a duplex, do existing leases transfer to me automatically?
I am buying a duplex. Both sides occupied. Current tenants just renewed for another 3 years each until July 2018. Good deal, will put it in the deal diaries a little later after we close in a few days.Do the leases au...
David Neely
Should I Walk?
Hello BP community,Wanted to pose a question of those who are seasoned vets at this stuff...I've got a contract on a 4 unit building that is set to close Sept. 15. Purchase price is 287,900, which was "best offer" tha...
Jessica Hanchey
Lease option deal - need advice if this is a sound deal?
My husband and I have the opportunity to work out the following lease option on a house we are interested in. Because we are looking to save up $ for a large downpayment before we buy our next house, we are going the ...