Hi everyone first post here. Going to do an introduction full introduction soon but as this event came up I needed advice for my fathers situation. Here's the short and skinny, trouble tenants that I want to do cash f...
Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
I'm a landlord of 2 weeks. I bought a duplex - 1 side came with a tenant. Filling the other. I have a guy that looks great on paper, but doesn't want to move in for 30 days because he needs to give his current landl...
I foreclosed on a non-performing note I bought 2 years ago and now own a house in the Ferguson area of St. Louis, zip code 63135. The former borrowers, now unauthorized occupants have a lock out date from the sheriff...
hi I have a question in regards to keeping organized as,a landlord with multiple properties financially and paperwork. How do you manage expenses and income and keep track of it all? Paper trails,creating good habits ...
What should I consider when using a hard money loan (HML) to purchase a property below market value, using the HML to finance 100% of the rehab, and finally refinancing into a 30 year mortgage afterwards. I want to ma...
Hello,
I am new to Bp and i would like to start investing in the upstate NY area. I would like to buy and hold to build up my income. I have 60k in cash and wanted to purchase a home for around 35k and put 20k into i...
To the folks who have gone from real estate as a lucrative hobby to opting out of your W2 and transitioning to a business-After you have developed your business plan; the how, the why, and the what at some point you w...
I'm seeing a lot of these great BRRR stories and wanted to share mine.It was my forth deal at the time and one of my most profitable ones to date. The place had been listed on and off for over 2 years and was a comple...