Laura Levine
Almost done with first major reno - looking for feedback
Good morning,As I sit here buying yet more construction supplies for the last finishes for our first major renovation, I'm feeling pretty overwhelmed with how the numbers are adding up. So I thought I would post abo...
Greg Hammond
Should I sell my home or keep it as a rental?
Background: Bought 3 bed 2 bath 1900 sq ft primary residence home outside of Sacramento in 2019 for $540K. I used the VA mortgage loan with 0% down (no PMI) and currently have a 30 year mortgage rate at 2.25%. I wil...
Mario Mach
What is the point of buying a condo in NY with the HIGH HOA fees?
Hey guys,I've been considering buying a condo in NY for $<500K. There's a healthy supply of units but I noticed that each one generally comes with a monthly HOA/maintenance fee of $1000+.So let's say you buy a stud...
Ellie Perlman
How Much a Mistake Can Cost You and How to Avoid It
This is the time to double and triple-check your calculations because even a single mistake can be financially devastating. I’ve seen many people jump into a deal without the proper knowledge or experience and end up ...
Justin Norton
Subdividing a Property (specifically in Surrey, BC)
I am a construction professional in Vancouver, BC and I am working with a friend who owns a property in Surrey they would like to subdivide from a 24,000 SF lot to (2)-12,000 SF lots.
I have a general idea of what ...
Kenneth C.
Early Lease Termination (Utilities)
BP,I have a tenant that will be terminating their lease unexpectedly and early (April 1, 2019). Currently, the tenant pays all of the utilities with the exception of the water. Do I inform the utility companies and ha...
Chris Martin
corporate veil pierced in a flipping case
With all the crimes alleged, I guess the result isn't unexpected. How Cuyahoga County flushed the Florida flipper by Christopher Evans
Rich Hupper
Proceeds from the sale will be going to an intermediary
forgive my ignorance on the matter, I want to make sure nothing unexpected happens to my buyer.He is about to sign a purchase and sale where the proceeds of the property will go to an intermediary. I was led to believ...
N/A N/A
Using your cash vs seeking HML or other sources
Hello,
I've been considering using hard money loans to get me started in REI here in my area. On the other hand I do have enough personal funds to acquire the properties that I will be focusing on (acquisition inclu...
Steve Boianelli
Bidding on an auction for first the time any advice?
Hey BP,I'm a buy and hold investor but I'm considering a flip to earn some extra capital so I can get more rentals. Have some questions about an upcoming auction that I'm bidding at with a partner. We ran the numbers ...