Clay Sexauer
Quick Question About Lender required income
Recently my wife and I bought an investment property from an estate. This now means we own two homes, our primary residence and the investment property. Regarding the new investment property, initially, we were going ...
Troy Hebert
Deal Review Help - Negative Cash Flow Luxury Condo, Good Price
Hi everyone,I am new to investing in real estate but somewhat educated with a deep finance background. I have stumbled across a property and structured a deal that could make a lot of sense, but there are some glaring...
Adam Peacock
New Landlord, Trying to evict an unidentifiable tenant
tldr; Need thoughts re evicting someone when I don't know their name.I purchased a Cleveland duplex with two tenants ~2 months ago. Since this was the first of a series of purchases I've made, I failed to ask for the ...
Eric Berkner
What size of multi do you need an ON SITE MANAGER?
I am underwriting several deals that are 72, 74, and 84 units. I'm assuming these all need on site managers? The existing T12 shows 24,000$ for a "property manager" however that seems too low for an on site manager. M...
Elizabeth Martin
Appraisal/Tax Record Issue
I've been reading and reading and haven't found a topic or google hit for my exact situation so wondering if anyone here has any insight...we are under contract on what was listed as a 4 bd/2ba home, and all 4 bedroom...
Jeff Brown
Reducing Capital Gains with adjusted cost basis/ self contractor payment
Hey guys, this falls under a tax strategy question, however some of you may have had this scenario happen before.
I'm looking to sell a commercial property that has one renter in the building (business commercial). ...
Nicholas Seaver
Newbie from Albuquerque, NM
Hi there! My name is Nick Seaver, and I am currently serving in the military. My occupation is Combat Search and Rescue for Air Force Special Operations, and I am currently stationed in Albuquerque as an instructor. D...
Jaren Woeppel
House Hack Homeowners or renters insurance?
Hey BP community,My wife and I are about to start our first house hack with a duplex. I was wondering how everyone treated the homeowners' insurance? For example, If we take a full homeowners policy on the entire dupl...
Hayden Bowles
High End, Luxury Rental Attempt ($6,500/m)
Investment Info:
Single-family residence buy & hold investment in Mesa.
Purchase price: $890,000
Cash invested: $140,000
Rented out my personal home when I didn't need it anymore. (Only started i...
Avi Lah
W9 and W8ECI
Hi I live outside US and own rentals in US. Currently all are under my name. I'm non resident, I don't work or live in US however, my girlfriend is in US, and I stay there a lot(over 183 days rule. but its not a prob...