I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response. I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....
Hi - I recently bought a foreclose in Lakes Region (Gilford) that I am planning to rent to my Mom (so not looking to cut corners too severely). The house has work needs to be done with support beams (rotted) and a lo...
Hey guys, we're from Australia and are looking to get into the US property market. The research we've done so far has suggested that we'll find it difficult to get finance in the US because we're Australian residents....
I have a townhouse condo that I have owned for 11 years. It was my primary residence until I moved out of state 4 years ago. For the past 4 years, it has been a rental property that has served me well on a cash flow b...
I'm sure someone else has thought of it, but with the number of people on BP asking about investing in flips from outside the local area, is there an industry built around managing flips?For example, I'm an out-of-sta...
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
Hey BP, I have a question for anyone with knowledge of Columbus (or central Ohio, or maybe even the Midwest more generally): how do you like to estimate your rehab costs when analyzing a BRRRR or flip deal? The optio...
Hello I am Alana! I am looking at buying my grandmothers house as a potential flip or Brrr.it is located in Pikesville MD Baltimore MD. fixed up it may be worth $250,000.It needs a total rehab including AC , and plumb...
Hello all,I had read some past discussions regarding this and was wondering if there were any newer strategies my fellow landlords are using to easily/conveniently collect rents while not using your home address. I ha...
My next purchase will probably be made with a Homestyle Renovation Loan.
I agreed to pay the seller the appraised value seeing as prices have dropped a lot in my area.
However, the way this loan works -- the renov...