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I have a 5 year lease option on a home with little or no equity. My option price will be the balance of the mortgage at the time I option the home. I have the ability to sublet and sell my option. My question is...
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I have a few questions in regards to purchasing a Performing Note, What does UPB stand for? It is a percentage down on the actual asking price of the Performing Note? Also if a percentage is not being requested, ar...
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MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
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I am always thinking of ways I can run my rental business that is unique and deeply impactful for my tenants. I have a handful of ideas that I am interested in researching, but right now I am focused on creating a sys...
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I'm trying to understand how sandwhich lease option works and responsibilities...
1. A condo that is listed on the MLS for $218k and not being sold so they drop it to $200k... The seller doesn't know if it will appr...
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So was reading this little known book, "The Book on Managing Rental Properties" by this no name hack Brandon Turner... ;) And noticed in Chapter 4 it mentioned that military history is part of Washington's Fair Housin...
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Hey BP, I am currently considering a potential tenant with a poor credit score in Philadelphia. He was upfront with me about it when first viewing the property, and explained he does not currently have a credit card s...
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I live in Hamblen County TN with a population of 65k. I haven't found any local hard money lenders yet so I'm considering my only option may be to extend my search radius to Knoxville or Nashville (~100 miles away). P...
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I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
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Hello. Is there anywhere in northern California where I can find a duplex for $100k that does not need major repairs? I would consider an SFR, but it seems like multifamily properties have better opportunities for c...