Kwok Wong
Water Leaking from the AC Unit Above
Aloha, I recently purchased a studio in Honolulu, Waikiki. It's a low-rise, walk-up building. Two weeks ago, my tenant noticed that there was water coming down from the door and a bubble on the ceiling. Two weeks lat...
Chad Gray
Options to Hide Assignment Fee at Close
Hello All,
What are some options to hiding your assignment fee at close, particularly from the seller? I'm aware of a double close, but I also read that the assignment fee can be handled off the HUD in a way so it'...
Account Closed
Buying Property with a Partner
Hello,Due to the fact of being a bartender for the last several years, and having student loans, my debt to income ratio is quite screwed up, making it near impossible to get a mortgage. For this reason, I'm buying a ...
Xingcai Wu
Inherited Section 8 Tenant
Hi BP,Recently I purchased a property in Joliet, Illinois. There was an inherited section 8 tenant in one of the units. Her lease is ending in January 31 2023. But, she gave me a written notice on December 30, 2022 an...
Amit Friedlander
Investing in Pittsburgh
Hi BP Members,I'm looking into Pittsburgh to start building a portfolio of rental properties.I see that the city is very spread out and built of lots of neighborhoods.I was wondering where you guys are investing at th...
Adam Smith
Tax Question - Investigating New Markets
Happy New Year BP! We have two rentals locally and are looking into new markets since our local market is higher priced vs rents.My question is, can we write off (for taxes) the cost (or some of the cost) of travelin...
Reid Beckers
How much would you pay per visit to observe the minor renovation progress?
Hi all,We purchased SFH In Columbus, Ohio. Since we are out of state, we need someone to observe the minor renovation progress.What would be the average daily rate for hiring a renovation project manager to check on ...
Samuel Maclean
Questions for lenders
I am getting ready to call around to banks to find out what they offer for loans. I am looking for loans for foreclosures. I have downpayment money and possible money for renovations Here is a list of questions (in...
John Babcock
Is this quit claim deed legal?
I am in the process of wholesaling a house from a man who would like to leave town ASAP! He bought the house from his pastor with cash in exchange for a quit claim deed, but the deed was never recorded.I took the sell...
Martin Perez
What is the process after you pay back loan
Would like to know what is the process after i pay back my hard money lender when i wanna keep the property for my self do i use a conventional loan or what other loan would you guys recommend