Jake Ford
Review my Purchase Option Agreement?
Hi BPers,II have drummed up a Purchase Option Agreement, and was wondering if anyone would like to review it. It is obviously okay to edit/ tweak and use as you see fit. If you are interested and have an email availab...
Tony Ngo
Who is responsible for the damage of a trampoline when a pine tree fell on it?
Hello all,A pine tree branch broke off and fell on the tenant trampoline in the back yard. The tree belongs to the house. It damaged the trampoline and the tenant is asking me to pay for a replacement. I offered t...
Engelo Rumora
IRS Is F@#$ing Me. Please HELP!
G'Day folks,
I've reached out to my legal and accounting team for referrals but they had none.
The IRS is absolutely useless and we have tried dealing with them for over a year now on this matter.
At the point of j...
Andre Fierro
Closing cost in Florida
Hey guys quick question if I was to purchase a property in Florida through the owner/seller directly would I avoid closing cost? Obviously would get a lawyer etc.
David C.
California Flippers: What do you think of AB968 (starting 7/1/2024)?
You will have to get permits and disclose your contractor ...AB 968 requires the seller of a singlefamily residential property to disclose work done on the property, if the seller obtained title of the property within...
Chris Seveney
Do Not Buy a Note Unless You...
Recently I have been listing some assets for sale and have been questions that I would not have expected, so I wanted to create a "top 10" lists of items you should know prior to buying a note:1. Know the difference b...
Autumn G.
should I be concerned with extra people at my property?
I am a first time landlord, and my first tenants just moved in. They had excellent references, rental history, credit scores and income.
I drive past the property on my way to drop my son off at school in the mornin...
Mukesh Yadav
Loss from a Syndication investment
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
Amit Desai
Can Second Home be use as Rental Property (AirBNB, VRBO etc)?
Hi,I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.1) What should ...
Mark Tomseth jr
Dividing lot with a mortgage
Hoping to get some additional direction and ideas...We purchased a house in Bend, Oregon on a large Lot, just under 3/4 acre, in the city. I have a mortgage on the property and looking to divide the lot with hopes to ...