David Lant
Newburgh, NY. Buy, hold or run for the hills?
After building up a multifamily portfolio in Beacon and flipping over 20 homes I'm seriously considering buying multifamilies in Newburgh. I have many concerns and reservations about making the leap so I guess I'm loo...
Jenni Burke
Which Is Better? Sell owner-carry, or do a 1041 into STR?
I need perspective on which route is better from the vantage point of 1) tax liability and 2) maintaining long-term value in the Estate. A close family member is aging and wants to get rid of their office buildings, v...
David Biederbeck
WHOLE SALERS, WHY?! - An honest question from a fix & Flipper
Hello, quick questions:Many Wholesalers in my area ship their deals to key entities with large lists for sizable fee and I'm trying to understand why. . . As it seems like they could make more by developing relationsh...
Aneita Williams
Pocket Listing
Hello BPPlease explain the meaning of a pocket listing and how it works. I read in a previous post that the agent could receive 100% of the commission. I just want more clarity on thisThanks in advance.Aneita
Justin C.
uneven bathroom and tub placement
Hello BP!I am in the middle of a bathroom renovation where we are relocating the tub and vanity. The place where we are putting the new right drain tub is very uneven. The left side of the tub is 1-3/8" lower than i...
Troy Havins
Long Distance Owner Finance Help
I have owned a single family home for about a year and dont make a lot of cash flow from this property. I have great tenants who pay on time and are super easy. I live in California and manage the property myself wh...
John Williams
Rent Reduction vs. Renewal Bonus
Hi all,I have a family that is considering renewing their lease for another year. One of the family members was laid off, so they've also asked for a temporary reduction in rent of $200 for the remainder of the year. ...
Brandon Mix
How To Obtain Owner Information in Bulk
I am looking for a way to take a list of property addresses (there is no owner name or mailing address with this list) that we have obtained from the city and pull in the property owners name and mailing address for s...
Clayton Crawford
My greatest deal is slipping away!!
I'm having serious trouble getting a loan. I have a property under contract. It looks like this.\purchase price = 95k.down payment = 15% = $14,250Renovation = 5KARV = around 140KClosing is around 5k. The bank (well Fa...
Account Closed
Advise on Owner Occupancy for FHA loan
Hello all! I have a question about the owner occupancy clause of an FHA-backed loan. I am looking to use an FHA loan to finance the purchase of a great Triplex that I found in Rhode Island. I currently live and work i...