Tenant request permission use the house for his consultancy work. He says that work involves people visiting him (one at a time) for some type of mental therapy. Our city's guidelines seems OK for this. The tenant is...
Hey guys,I'm thinking about purchasing a property.Numbers:Selling price: $158,700Rehab: $56,200ARV: $320,000According to comps and 3 realtors, the house should sell for $320,000. BUT there's a big major black mold pro...
Hey guys!!
I just created my company in the state for Delaware, however, I used my New York address as the business address (home based) and I plan to invest in real estate in Florida, NY and maybe even in other sta...
Hi all!We just purchased our first out of state rental home late last year, a 3 bed 2 bath, in Alabama, and did conventional loan and 20% down. House was in decent shape but needed some work which I did all myself (p...
Hello BP, does anyone currently use and or have experience using Land Trusts to hold their rental properties in ? Are Land Trusts recognized and used in all 50 states ? Any insight, opinions or advice would be appre...
This is an incredible report, very eye opening. "In 2020, Missoula, MT had the highest rate of net migration in the country, with more than seven times the inbound vs outbound moves." For every one person that left Mi...
Hello BP Friends!I just recently wrote my first offer this last weekend! Woohoo! My offer did not end up getting accepted, as another buyer came in with a stronger offer. But I am still happy because it was progress, ...
I just heard that in the reconciliation bill that may soon be passed, there are several major changes regarding real estate coming. Specifically, you would not be able to invest IRA or 401k money (including self-dir...
How big of a deal is it to buy a property to flip in a FEMA DFIRM zone A area? The Zone A area comes into the property, but not onto the structure itself. Is it difficult to unsure and sell such a property? Anything s...
Hello all,
My fiancé and I have lived in Raleigh for about ten years now. We recently purchased a new home in the area, but we still have our first house that we bought about five years ago and we are now preparing ...