Lukasz Kownacki
New rental property Baltimore Marlyand
Good Afternoon BP members,I am in the process in closing for a new rental buy and hold investment in Dundalk Maryland. It is a two unit and they are both currently occupied. Are there any per cautions that I should ta...
Zariyan S.
Granite or quartz for kitchen?
Hi,Currently wife and I are living in a house we’re planning to rent out perhaps 2-3 years from now.The expected rent is about $2200 in the DFW area.We are currently remodeling the kitchen and have either the options ...
Levi Crabtree
Invest Cash Flow or Put Towards Principle
I have two rental properties. Both are getting just over 12% cash on cash return. Should I put the cash flow towards the principle of the loans to help pay off sooner (have 30 years on both), or should I reinvest the ...
Davaris Bennett
Transactional funding for wholesaling?
I’ve been looking into adding transactional funding to my wholesale arsenal. I’m a little uncomfortable since it’s something new. Does this actually work? Has anyone actually used this option to wholesale and can enli...
Bob D.
Cheap Land South Shore of Boston - Need Funding (maybe?)
I went to an open house in a very posh coastal down south of Boston because the home was listed at a very competitive rate. Turns out the seller (an older woman with an accepted offer elsewhere) is VERY motivated but ...
David Kim
Help understanding the details of a 1031 exchange
I am confused regarding the "greater or equal" aspect of the 1031 exchange. If I own a commercial property worth 1 million free and clear, can I 1031 exchange it to another commercial property worth 1 million but fina...
Cassidy Burns
Multifamily Properties Unit Break Ins- Whose responsibility?
Hi BP,
Looking for a little advise on how to answer tenants regarding break ins in both cars and units on the property.
We just acquired this property 3 weeks ago and had our first break in last night. We have ...
Mike Costello
Sales contract .... correct verbage, reference 1031
New to BP ... so, thank you in advance for your responses.
I have owned a SFH 1031 exchange property for exactly 5 years, two of which i used as my "Primary" residence. I am now selling and want to take advantage of ...
Matt N.
When to "fire" a client!
Hi Team,I had to fire a client recently and wanted to share why! MAKE SURE YOU VALUE YOUR TIME!Do not deal with the following.- Unrealistic expectations- Don't be an "errand boy/girl"- Don't deal with clients who are ...
Sean Wilt
Do I pay Sales and Occupancy Tax on cleaning fees?
I know I will have gross revenue from rentals for income tax purposes which would include cleaning fees collected. For income tax purposes, I know I can deduct the actual cleaning costs so that portion of revenue bec...