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Results (10000)
Nichola Dotson Inheriting Tenants Screening for Lease Renewal
8 September 2017 | 5 replies

Hi!My name is Nichola and me and my husband are closing on our first 4-Plex in Michigan today that currently has 3 tenants that we are inheriting and we will be moving into the open unit later this month. All the tena...

Brendan Hallissey Using 1031 exchange and 121 exclusion to minimize tax
4 March 2018 | 3 replies

I currently have an investment property I'm considering selling. I purchased for 250k several years ago and have received unsolicited offers of up to 400k. I am considering selling to lock in my gain and using a 1031 ...

Jim Johnson How to quickly figure out what a MHP might be worth.
11 October 2012 | 5 replies

So there are some quick ways I figure out a ballpark value for a MHP.
First- I have some constants- expenses

If the park owner pays W/S/T I use 45%
If the tenants pay W/S/T I use 35%

next is rental homes- I ONLY use...

Brie Schmidt 2 piece toilet question
27 January 2014 | 10 replies

So we have a 2 piece toilet - it is one of those water saver ones and we hate it! Can we buy a same brand toilet with the same specs and just switch out the top piece?

Kevin Schick Moving property from S-Corp to LLC
27 March 2008 | 4 replies

I have two entities:
1. Single Member LLC for buy&hold long-term.
2. S-Corp 100% Shareholder for buy&sell short-term.

I am thinking of transferring one of my inital 2004 S-Corp properties that I ended having ...

Jason Rose Why the difference in Premiums paid vs Cash Value? (Whole Life)
10 September 2018 | 3 replies

I'm trying to find out information for my mother regarding a Whole Life Insurance policy she has.She started this policy roughly 10 years ago (I had no idea this whole time) and is in her early 70's. As her English i...

Chris Mason PSA: Self employed generally now require ONE year of tax returns.
23 April 2019 | 1 reply

I'd say that over 60% of the time, the "automated underwriting system" (AUS) only calls for one year of tax returns for self employed persons. Not the two years you read about on google search results from 2+ years ag...

Alexandra Widowfield Lenders for Renting Out a Second Home/ Vacation Home
12 January 2022 | 11 replies

Hi everyone! I am looking to purchase a second home and while I will stay there for at least a few weeks a year, I want the option to rent the property on Airbnb. That being said, I am struggling to find a lender that...

Jamie Wheeler Tenant Requesting Shorter Lease
17 May 2021 | 6 replies

I had a tenant sign a year lease, and I recently reached out to ask if they intended to stay another year, to which they responded by asking if it would be possible to shorter the lease length to 6 months.  Previously...

Chris Reyes Question on Converting SFR into a Duplex
3 August 2021 | 2 replies

Hello BP community,  
I’m helping orchestrate converting my parents rental property into a duplex and would like some insight since this is the first time attempting this. 
Background: The house is in a smaller town...