Julie Marquez
How finished does a home have to be to qualify for conventional?
What level of finish does a home need to be to qualify for conventional financing?I'm looking at a home north of Seattle that is a two story home that is gutted on the first floor, and completely remodeled and finishe...
Nat C.
Paying seller over 2-3 years (so he won't lose his food stamps)
Firstly, I'm not asking for legal advice, so any replies don't need a disclaimer :)A seller I'm buying a house from is concerned about becoming ineligible for food stamps and Medicaid when I buy the second property on...
Joseph Nardiello
Flipping houses For a living?
Quick question, or what would you do? If you had a lot of money in the bank to fund flips would you do it while still working a 9-5 or don’t even bother getting a 9-5?
Jay P.
Tenant Causing Mold and Liens from City on my property.
Hi All, I have been an accidental landlord for about a year. I ended up moving to another state and couldn't sell in time. The house is location in Oak Brook, IL.In the end I went ahead and leased out the property. An...
Kyle Nield
Hello from South West Virginia
I'm excited to be apart of the group! I joined a few real estate facebook groups and have been listening to podcasts, and I heard this group mentioned quite a few times so here I am. I currently live outside of Roanok...
Mike McKinzie
Where do you SAVE money?
Most of BP is about MAKING money. But as Ben Franklin states, "A penny saved is a penny earned!" Therefore, I would like to hear your ideas on saving money.
Here are a couple from me.
I clip grocery coupons! :lol:...
Jerry Holt
Locating Off-Market Mobile Home Parks With Motivated Sellers
I am interested on learning more on mobile home park deals but I’m not interested in listed properties that the various websites provide. That market may be too crowded. I’ve been reading the threads on BP and it seem...
Kathleen DeNault-Ridge
Very VERY small commercial deal with seller financing
I am considering the purchase of a small commercial mixed-use property. It is a building with two current multi-year leases (post office, yoga studio...no history of lengthy vacancies), and a very small owner-occupie...
Ben Anderson
Am I being unreasonable regarding up front deposit?
I have a tenant (great income, excellent credit) that signed a lease beginning June 2020. Am I being unreasonable to ask for first, last, and deposit now (Nov 19')?
Brendan M.
What are the tax implications of paying myself to property manage?
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...