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Hi BP-
I hope this is the right forum for this question.
I am partnering with a GC on a flip and wanted to ensure we both hold our ends of the relationship. I will be purchasing the property and the GC will do the ...
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Based on what I have read here, it seems like a lot invest in multifamily properties which are maintenance/management extensive from what I understand. Office condos on the other end are less on maintenance and turn o...
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Property managers...have you ever been in this situation?We have a tenant at a property we manage that was in a recent domestic situation...back story: she filed a protective order against her boyfriend and moved from...
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If I purchase a flip property at the end of this year and then sell it at the beginning of next year, how is that taxed? For example, are the expenses reported as a loss this year and the entire sales price shown as a...
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Last week I went under contract with a wholesaler in Austin and the double-blind close is scheduled for early next week. It does not look like I'll be able to get a survey in time for the closing. The house is in an o...
There have been rumors of my job relocating but I want to get a FHA loan. I'm aware you need to intend to occupy the house for a year to get a FHA loan. What would happen if I got an FHA loan and my job did relocate...
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Hey Everyone!I have been reading and digesting this site for a couple weeks and decided it was time to say hello. I am a 32 year resident of the Omaha/Papillion area and have had some experience with real estate inve...
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I have a full time job and rental properties. I'm looking for ways to reduce my taxable and am looking into whether 1) I qualify for a solo 401k as a landlord and 2) whether it will help me reduce my taxable income. I...
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I could use some advice. Tenant 7 months into a year lease moved in a cat. Lease is very clear about no pets. Quit or cure notice has been sent, but tenant is really pushing back about wanting to keep the cat (offer...
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Hey BP, need some guidanceWe are currently in negotiations on an 11 property portfolio (have been for over a month and a half). Purchase price: $625,000Owner financing: $385,000 (3-year balloon)Private investor provi...