Nick Kahler
Student House hack in Downtown Phoenix
Investment Info:
Condo buy & hold investment.
Purchase price: $210,000
Cash invested: $25,000
Student House hack current, eventually Student of young professional long-term rental.
What ...
Alfred Litton
What If I DON'T Want to Be Paid by My LLC?
So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...
Susanne Kuhn
North Denver / outside Boulder, CO
I have 1 STR in Destin, FL. and looking to do a second. I like STR, but would go with MTR. I've read all the comments about Denver not being a friendly-STR market. However, I have a daughter at CU Boulder and it...
Corey Husted
Can Force Majeure be employed to nullify a purchase agreement?
My daughter entered into a contract to buy a house. Not a good contract, and in my opinion she was misled to begin with on the contract. The seller is keeping the EMD stating that covid has been hard on him. I should ...
Chanté Owens
FHA Offers First-time Homebuyers Discounted Loan for Taking a Class
Hello Fellow BP'ers,I don't know if anyone posted this before, but if it's a duplicate, @Brandon Turner or another moderator can delete.One of my friends and colleagues posted on LinkedIn about this program that the F...
John Soforic
plexiglass windows legal in Chicago?
I have a daughter who trusts that her dad is not an idiot since I own 46 units, and so she asked me if the plexiglass window in her Chicago rental apartment is legal... I, not wanting to disappoint said daughter, am c...
Merissa Hewitt
Seller evicting tenant after closing? (MT)
Hi all - complete newbie here.
We just closed on a great off market deal that has a bit of a family feud going on. Daughter is running a business in the top part of the house, and had renters downstairs. Neither we...
Douglas Rice
Can I use a 3.5% FHA down on this deal?
My daughter goes to school out of state. Tuition, room and board is very expensive. She has to live on campus this year, but next year she can move off campus.
Question, if I buy a duplex or triplex can I get a 3.5%...
Steven Anderson
Texas property rights with no will. Help!
I won't take any responses as legal advice but I know those here have experience with this. Please give me some guidance.
I'm in Texas. My now deceased stepfather had two children with his first wife in Connecticut....
Wendy Black
Need to Find Housing for Chemically-Sensitive Friend
A friend in the Philly area is in desperate need of environmentally safe housing for herself and her 20-something daughter. She is chemically sensitive from pesticide exposure, and they had a major fire in their home ...