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First I would like to thank everyone on BP for giving me the courage to even try this.
Ok so I wanted an opinion on a deal.
Asking price: $170k
Rehab: $65k estimated but I think it will be a lot less
4 family
Irv...
There are three 33% partners in an LLC and six equally distributed heirs (6). We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal. Two partners would remai...
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Small town guy from/in Texas, looking seriously into getting into the "subject to" side of the real estate market.
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Hello all. The borrower defaulted on a loan that I'm involved in. I'm the only investor and I have the security deed stating I will have rights to the property if the borrower defaults. I also have the buyer's agreeme...
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Hey all,I would really appreciate some advice on this, both on the refinancing of my SFRs and on a two duplex deal. I'm considering refinancing four of our SFRs to pull some cash for a down-payment on two duplexes. Th...
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As the title states, I’m currently evicting a tenant (we file we sheriff tmrw). The toilet is broken, due to their neglect and with no sense of notifying me. With them not paying rent the last 3 months, should I rush ...
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Hi Guys,I thought I remembered hearing that if you purchase a laptop that will be used for investing, that you can write this off as a tax deduction as long as it is used primarily for investing purposes. I have jus...
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Hey everybody I'm currently in the talk of getting my first deal but I am dealling with an unmotivated seller. The building has no heat, no eletric. The sellers plan was to build a 3 family there but zoning will only ...
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I've searched about this but am getting conflicting info or maybe just misunderstanding what I read.
Two months ago I sold my primary residence in Houston, Texas. Profit was about $100k.
I file taxes as single.
QU...
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Hi All,What have other landlord's experience been like applying for and working with the HCV program? Pros and Cons? How long does it take to register your multi-family home as an owner?I have two tenants in two of my...