Patrick Reisinger
Lending in Baltimore area
I invest (buy and hold) in a specific area in Baltimore county (8 deals so far) and now I would like to NOT go the conventional route. I’d like to refi my properties into my LLC and purchase upcoming investments into ...
Bienes Raices
Confused about foreclosure "freezes" by BofA, etc.
I was under the impression that the "freeze" by numerous large banks would affect preforeclosures, delaying them from going to auction until the paperwork is re-checked. But then I heard on news radio that would-be ow...
Kyle Lecy
Lawn & Snow Maintenance for Single Family
Currently my wife and I are invested in a couple multifamily properties where we hire out or do ourselves the lawn care and snow removal for the properties. We are interested in investing in a few single family homes,...
Sam Crochet
Question re lawsuit on a house I sold via seller-financing
Hi!I received a threatening letter from an attorney regarding an accident that apparently occurred at a home I used to own. I seller-financed the home to the buyer a few years back and had a contract in place clearly ...
Evan Manship
FHA Loan Owner Occupancy
Hey BP,
First time poster, long time reader. I am currently living with my parents but am considering purchasing my first home using FHA financing.I understand that FHA requires "owner occupancy" for at least...
Kishan Patel
Handyman as property manager
Hi All, I wanted to know if anyone has hired a handyman as a property manager before. I am in the process of getting rid of the current managers because of ongoing negligence and I know a handyman who is willing to de...
Paul Kuegle
House hacking
I recently bought a duplex and moved in the back unit so I would have the back yard mostly to myself. The tenants moved into the front unit and asked if they can put a swing and BBQ in back yard & I said yes. The...
Bruce D. Kowal
Be a Pal! Send someone a 1099 to keep them honest
If you paid anyone for services in 2021, more than $600, then you should send them a Form 1099-NEC. It's not a favor, it's actually required by IRS. If it's late, there is a penalty. Less than $300. You might get ...
Balarka Velidi
Comps for renting property for home daycare business
Hi, I’m trying to rent my house and was approached by a prospective tenant who wants to live in the house and also want to run a in-home day care in it.
I am not sure how to price the rent for tenants who wants to ru...
Cameron Hillebrand
When to use crew do and when to hire contractors
Hi! I am in the St. Louis area. I'm working on an old brick house. Gut rehab. I have been hiring one fulltime "employee" (friend who takes cash). This is an experiment for me to decide if I want to get a crew with gu...