Nicholas DeLouisa Jr
FHA -Legal question
Hello,I have a question about FHA loans. Let me preface this by saying I am not looking for any kind of "permission" or advice on how to break the law and not get caught. I guess what I'm looking for is a loophole. So...
Roy N.
BoC drops overnight rate to 0.50%
The Bank of Canada (BoC) announced Wednesday morning (2015.07.15) that they have lowered the overnight interest rate by 0.25% to 0.50%. The reasoning behind the move is the BoC has lowered its outlook for Canadian gro...
Dru Doyle
Rent Furnished or Unfurnished?
I am an out of state landlord and have a rehabbed one bedroom condo in a historic building in downtown Indianapolis. Since I bought it in 2006, I have rented it as a furnished unit to corporate execs. My medical res...
Scott B.
Cash Out Refinance Tax Implications
We've just completed our second out-of-state rental purchase and with the recent rate cut our lender suggested a re-finance on our primary residence (he's hustling for money, good for him I guess. lol). That should be...
Jim Gonzalez
Retirement Plan for real estate
Hello. New member here.My wife and I are about 5-6 years from retirement. Our tentative retirement plan is to relocate from WNY to FL. We have kicked around the idea of maintaining two properties and become snowbird...
Matt Gregory
Homestead Exemption on newly acquired home
Hi BP,I purchased a home towards the end of 2018 that was under a homestead exemption for 10+ years. The property had been taxed at 240k in 2018. After the sale, Dallas county raised the appraised value up to 440k (sa...
Vanessa Davis
1st Investment Property Purchased as a Single Parent.
Investment Info:
Single-family residence buy & hold investment in Elsmere.
Purchase price: $107,000
Cash invested: $107,000
Purchased as primary residence as a single parent to two kids. Converte...
Uwe K.
Visitor vs. tenant status for eviction
So basically my question is:
When is a person in the rental a visitor, and when can he be considered a tenant?
My lease says visitors allowed up to 2 weeks. Pretty much standard here, and the same rule is in the statu...
Matt Joplin
Sedro-Woolley BRRR That Changed My Life
Investment Info:
Small multi-family (2-4 units) buy & hold investment
Purchase price: $290,000
Cash invested: $95,000
A BRRR investment that was our personal residence during the remodel. The ...
Hobart King
Insurance quotes outrageously expensive
Recently bought a property for 45k (2/1 900 squat ft) that’s in good shape and need to get an insurance policy on it. Our lowest quote was $100/mo which seems outrageous given I pay about that amount for my 3/2 1900 s...