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Hi BP,Im trying to figure out if I should look into using a HELOC on my parents home to buy a rental property in cash. I have out of state properties myself but this would be for them in retirement. They probably have...
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I'm still pretty green here, I have one investment property in Texas that I was able to afford via house hacking, but now that my growing family needed to move into something bigger, it's time to get another investmen...
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Hey BP!We are getting our yellow letters marketing in order now, but we have a few questions regarding the process on the best way to market to our prospects. When doing a mailing sequence to our potential sellers, ho...
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I had to read this two or three times to see if the arrested man's claim "Everything that occurred with this house was lawful" was really the case. In my opinion, the above statement is not correct, given just the ...
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Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up! Since we are in the Multi-family (MF) fo...
So I have one income property only so I’m new to this. It’s a detached duplex so basically a mother in law suite. 1/1 with laundry unit, their own electric meter, water meter and tenant pays all utilities. I’m in brow...
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I received the message below from my tenant. She has been with me for about 6 months and has always paid rent on time. She has been great with communication and keeps her apartment clean for the most part (I had one i...
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I'm about to get my real estate license. However, I am aware that every transaction has to be under a broker. So that means that I can't wholesale unless the broker knows. I was wondering if there is a way that I can ...
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Hi Everyone,
I have a seller with a VA loan who is willing to sell the property to me on a subject to basis. She's not concerned with taking out another loan so, the entitlement limits are not a concern. My difficult...
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...