Himanshu Patwardhan
Need guidance on how to select realtor for renting out condo
I am about to close on my first condo. I am thinking of hiring a realtor to get the unit rented out. Few realtors I spoke to are charging 1 month rent. What services should they offer as part of renting out. some I wa...
Travis Carter
Starting up in real estate
So I’m just starting out and have recently finished reading Brandon Turners book on rental property investing and I’m wondering what the next step is do I get in contact with an agent? Look for homes? Apply for loans?...
Phoebe Pulido
Cash Out Refi Tax Deductible?
Hi BP Family,
My husband and I are looking to do a cash out refi on our currently paid off home. We plan to use all the funds for investing in rental properties. Would the new mortgage on our home be tax deductible i...
Marsha Weaver
Kansas Rentals being sold
Ok I’m new with no RE purchases. I’m actually a renter of the same property for a decade. The landlord wasn’t great with upkeep either herself or allowing us to do it. Fast forward to July. She died and her husband to...
Ryan Tetreault
Change of getting accepted for an FHA loan out of college
Hey everyone, first post here on BP.
So, backstory for an insight on my question. I am a freshman in college right now, and I am applying for the SMART Scholarship for Service program (link), where I intend on house ...
Rachel Bier
Should I refinance?? Need help
Hi,We have a SFR in Santa Rosa CA and would appreciate advise on whether to refinance. We would take out max of $100K, here's the numbers...- goal: buy another SFR in Santa Rosa CA- Property value: Zillow estimate $57...
Lisa Foreman
UBIT in a self-directed IRA
If UBIT is owed from a self-directed IRA, does the IRA pay or the individual owner pay? I suspect the IRA must pay the tax, otherwise it's a prohibited transaction. Is that correct? Can anyone reference the related ta...
Jessica Freesia
Questions about BRRRR strategy and 6 month seasoning
Hi all, I understand why you can't get traditional financing on a house that is in disrepair. But let's say I use hard money to buy and rehab a property, with the intention of refinancing with traditional financing a...
Kosh Vokter
rental lease - do you seek SSN and listing household members
I have 2 questions.... 1. I have a lease template for rental property and the rental agreement does not include/ask for tenant's SSN. I did the background check by asking the applicant to provide their information to ...
Kim Snyder
Security deposit and sale of property
What happens to the security deposit in this situation in state of Ohio
tenant lease ended Dec 2021 but tenant stayed on month to month. Landlord continues to receive portion of sec 8 rent for tenant but tenant does...