Mikaela Ausbon
Tenant falls in her unit and wants my homeowner's insurance
I own a duplex in Los Angeles County. My tenant lives in the unit above me and has been there since before I purchased the property (She is also a section 8 recipient). A few weeks ago, her washer and dryer hose burst...
Michael Combrink
Mom Credit Partner (title details)
do I need to be on the title to depreciate income?i was thinking of asking my mom to be a credit partner
she signs for the mortgage,
i do everything else, money down, monthly payments, fees, taxes, insurance, mana...
Cora Hunchak
Wanting a 3rd property. Mortgage broker says DTI too high. But we have cash for 20%
I have two properties, 4 doors. Two of them are str, and 1 is long term. I live in the other. The idea is to rent out the space we currently live in and move into another space which we plan to renovate and house hac...
Peter Fokas
repair oven - who is responsible?
Recently purchased an investment property in Newark NJ that had already had tenants living there that are MTM with no documented leases. We have not sorted them out yet in terms of getting them on signed leases yet b...
Mark S.
Fourplex Analysis
Fourplex foreclosure. Asking $194,900. Taxable Value (PVA website): $243,000. 5,000 square feet. Built in 1999.
Purchase Price (conservatively): $194,900.
Down Payment @ 20%: $38,980
Financed Amount: ...
Scott Trench
Should We Make Our Kids Take Finance/Business Classes?
So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
Yadira Gutierrez
I have the money, here are the options, what would you do?
Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part. I have no doubts that I want to become a REI. I am not scared (maybe just a l...
Scott Arno
What does a "cash buyer" mean
Hi Everyone, I understand that wholesalers sell to cash buyers. Can the buyer be someone who has a traditional mortgage loan too or is it purely as the title says - only people with a wad of cash.Thanks
Carlos Arjona
Feedback regarding Holding Costs
Hello BP!I'm very new and I'm trying to wrap my head around the basics of holding costs. Regardless of the strategy (flipping or buy and hold) there are going to be holding costs present if the property requires some ...
Deborah R.
waive income requirements moving from out of state?
We have a rental available close to a military installation. A military couple (engaged) wants to rent. significant other doesn't have a local job. She will be taking her bar exam first month they live here. They d...