Jairus King
Cross Collateral/ Pledge Equity/ Refi - Lions, Tigers, and Bears Oh my
Good morning BP Family,I have been blessed enough to have a property paid off and a few others with considerable equity. However I am looking at the net worth on paper and would much rather see that in my pocket or be...
Garrett Addington
What to do when buying a house that just had a fire?
I am in contract to purchase a house that recently had a fire, but most of the studs are salvageable, however.. all bathrooms were removed, all flooring was removed, all HVAC needs replaced, ALL plumbing and electrica...
Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Brian Henry
College Rental - Home for your child to live in w/roommates
Has anyone bought a home out of state for their child and roommates to live in? This is our 1st venture into a "rental property". We are putting our son on the loan as he will be the part-owner and occupying the pro...
Robert Obniski
CHICAGO - Buying 2 Flat - How to do due diligence
I looking to purchase a 2 flat in the chicago area and be a live in owner. It's an off market deal through a wholesaler. One of the requirements is a $10k non refundable earnest money deposit. Like all deals the selle...
Jay P.
Advise on troublesome tenant please.
Hello all, State of IL I have a tenant who moved in on July 2015 since we could not sell the house we gave him a 2 year lease. He stated he wanted a contract sale and we declined since we do not want to deal with that...
Allan Mugu
New member & investor in Houston, Texas
Hello BP Members,
I'm beginning investor looking to grow my knowledge and connect with others. I must say I've already learnt a lot by reading several BP articles, Ultimate Beginners Guide, and posts - thanks all for ...
Tommy R
Your methods in tracking down/finding an absentee owner
I know there's many ways, I want to see the most effective ways you guys use-
For one I always ask the neighbors for contact info-
Rohan D.
W2 and a General Partner in Syndication- Can I take my K1 loss to offset W2 Income?
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above incom...
Peter D.
Tenant Issues Post #21957
Hi guys,I am posting today because I need some advice about what to do with my tenant. I am a new landlord and have asked many people's advice only to hear many conflicting theories. Here's the story..Basically I mo...