Hello everyone, So this is my story, I need some guidance... I rent in a property with two houses. One in the front and one in the back. I live in the back house. My family has been living in the unit since October of...
Does anybody in the London, Ontario crowd have a good RE lawyer?I need someone that can turn a couple rough drafts into contracts, write up some offers, lease options, etc, and also to simply answer a question about w...
Hi BP! I would like to ask a tax question here since I am a noob and still searching for a cpa :( Scenario:
- Buy a triplex of 1.5m price with 20% down conventional loand
- Loan amount : 1,200,000
- Owner occ...
As I work through some of the IRS worksheets, I am wondering whether it is normal that there is a difference in the fraction of depreciation one takes on a rental property that was only rented for part of the year, an...
I'm closing on my second deal in the coming weeks on a buy-and hold-single family house that I plan to house hack. I'm still waiting for my appraisal to come back which in large part will dictate how much money I'm pu...
I am a new multi-family investor and ready to submit a LOI. However my math calculation has pointed to a lower sell price than the listing price. Is it normal to submit an offer with a lower amount? From what I've ...
I am looking to purchase a tri-plex or four plex in the Louisville, KY area. I want to live in one unit. I am a first-time home buyer. I want to obtain conventional financing. The only person I've talked to so far was...
Hi BP family,
I'm an enthusiastic hard working and aspiring real estate investor from Chicago, IL. I am interested in wholesale and looking for any guidance in building an effective and efficient team. Any help or gu...
Posting on behalf of a friend -" I purchased a rehabbed property, six months back. I just discovered that the rehabber has not closed the permit before selling the property to me. The permit has expired but not closed...
Hello All!I am going to be starting my BRRRR Strategy soon and I wanted to know how I should go about purchasing the properties. I know I need an LLC for certain financing. But which one should I get?In order to refin...