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We signed a contract for property in Dallas area with $600 as option fee. During appraisal we found out that the Multi-family property was only 4500 sq. ft instead of 5500 sq. ft mentioned in MLS Listing. Obviously ba...
Hi BP! I need your advice. I put down a $5k deposit on a Fannie Mae owned property and they do not want to refund it. It's my first investment property and the plan was to purchase with FHA, renovate, occupy, and sell...
Hello all! I am looking to rent out my Condo (in Minnesota) for the first time and would love to hear from experienced landlords that have already been on this journey. While I am pretty confident have everything I ne...
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Hi All!I am having a hard time finding deals that make sense. I know most BRRRRs won't pencil upon refinancing because of the high interest rates, but I also wanted to make sure I am not overestimating the expenses th...
Hi BP Forum members.Newbie here!I purchased my first Investment Property last year so fairly new to this business. Was hoping to get some help with a question I have. The rental property in question is 2 bed / 1 bath....
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I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
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I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
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Hi BP, I've run into an unusual situation and am debating ending a lease early. A company has guaranteed a lease (the company pays but a single employee is on the lease). Now, the single employee on the lease has move...
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Hi All - I bought a duplex in Pittsburgh, PA a little over a year ago and the first-floor units electric is hooked up to the common/shared spaces within the house. I've kept the electric in my name, but I'd like to ha...
In New Zealand, the price of real estate has shot up substantially. Despite talks of a slow down in mainstream media, I don't actually see this happening. I'm bullish on the price of real estate in New Zealand for the...