I recently purchased a property in Akron, Ohio. The tenants that live there have lived there for two years. During the first lease a security deposit was collected by the previous Landlord and rolled to the second one...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $109,000
Cash invested: $29,600
Sale price: $220,000
3 bed, 1 bathroom, 1090 square foot single family property...
I'm looking for a $100K+ renovation loan for a multifamily property I'm about to acquire.
What a basic question. I'm doing 2015 taxes before the deadline.Purchased a flip in 2015 and got a hard money loan and sold it in 2016. Since it wasn't sold until 2016 it's not reported on 2015 tax filings. My quest...
Hi all- quick question about bringing partners in to deals. Looking at partnering with a realtor to find off market deals for flips and BRRRR deals. I will be putting up all the money and therefore incurring all the ...
Finally getting my things together and getting my ssn but since it’s too soon for personal credit history to buy a house in PA, I’m looking to make an s-Corp for what I do and use the business history to get a house i...
Hi BP members,As I've mentioned, I'm new to BP. So please bare with my questions if any of them have previously been answered. I've tried to look up these topics before I posted these questions.Scenario:My father owns...
My fellow BPrs;I have decided to use the equity that I have in some of my properties to start building Homes again.The plan, is to us the funds created by the sale of the homes as the down to buy more apartment buildi...
I am considering the purchase of a distressed property in Maryland which looks like a good deal except that there are two boats that have been left in the property. One of the boats is sitting on the ground and is co...
Hi BP! I have a toddler and 6 week old and wanted to start thinking about paying for college. I don't like the traditional 529 because those funds must be used for college expenses otherwise you incur a penalty.I read...