Akhtar Nasser
Personal and rental tax separation question
I bought a 2 family house and live in one of the rentals. Renters pay own utilities minus water and sewer. I created a security deposit and a personal account dentoted as a rental income checking account. My next move...
Gary Jenson
closing on property fourplex and transitioning ownership
I've got my first couple of purchases nearing the real estate closing date. I'm wondering if someone has a checklist for closing and making the transition in ownership for a new multi-family property owner. The prop...
Dan Clark
What percentage to pay project manager?
I am interested in a rehab in the San Antonio, TX market. The project manager is ALSO my RE agent. The home is a small, old (1940) 1,000 sf sfh. This home needs approximately $25,000 in rehab. I expect to sell for a...
Vinny G.
Hello...New to BP from New Jersey
A little background about me, I currently live in Freehold, NJ…In the past I use to own a company that we bought land that we developed and built new custom homes back in the hay day from 1999-2006. Since the downturn...
Nancy Cotten
Considering buying moms home as a rental property...needs work...
I have an opportunity to purchase my moms home, in a suburb outside Detroit. We had to move her out of state near my sister as she couldn't live alone anymore. My sibs want to sell it, I would like to purchase and use...
Jorge Martínez
New Construction vs Old what appreciates better long term?
Hi, I am actively looking and putting offers for my first rental property, I just saw a townhome that I like from the 70's that needs some rehab, and a few blocks from it there is new development offering same type of...
Brian Erickson
About to attempt my first door-knock on a pre-foreclosure house..
I've found a property I'm interested in which a 'notice of trustee sale' has been issued and is 'scheduled' to be auctioned in a couple months time.It appears to not be completely repossessed by the lender and the own...
Michael Johnson
Renting to college kids, owner occupied/ how liable am I?
Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
Ed Perez
To rent or to flip is the question
Hello, I'm just torn between rehabbing and flipping a property I own free and clear or just rent out the property after rehab. I know in this business it's just a numbers game and it just up to you when you want to ge...
Chase Gochnauer
Vacation rental in Aruba
Hello! I just purchased my first vacation rental in Aruba in the Opal neighborhood in Noord. Any other Aruba investors here?