Luis Medina
HOA forcing me to sell my townhome.....
Looking for some advice/suggestion on my current situation with HOA.We(wife and I) bought a townhome in Jan 2018 for 2011,500. Now we want to move to a better school district for our kids and we thought renting the pr...
Tim Johnson
Renter started a daycare
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...
Samantha Santaniello
Bergen County New Jersey housing market
Hello BP community,I am in the process of looking into purchasing my first investment property (SFH) and i know from listening to the podcasts and reading the forums that a good deal would be to purchase a property ut...
Josue Velney
General contractors want to much money prior to starting job.
I recently purchased a 1402 Sq ft condo in Charlestown MA. I knew the condo association was reviewing bids for an upcoming exterior paint job and repairing rotted wood. After closing on the condoI asked if they could...
Ellie Perlman
Why And How To Raise Capital Before You Have A Deal
While finding the right deal in the right market is critical to achieving success as a syndicator, the ability to raise capital is equally, if not more, important. I've found that having capital from investors in plac...
Jabraan Kadeer
Permits - Yes or No?
Hello everyone, In the process of flipping my first home and had a question regarding permits. I’m planning on adding a window to the front of the house, closing a kitchen door that leads outside and making that area ...
Account Closed
Cost Segregation + Bonus Depreciation
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
Peter J
50% and 2% rule question
I realize these have been beaten to death on this forum so I'm not here to bring this debat back to life but do have a question.
I don't think it's possible to follow the 50% rule if you don't buy a property that isn...
JAMES Coleman
Fork in the road- Debt-to-income
Hello all,
My wife and I are at a fork in the road and need some guidance. For the sake of a little background, we bought our first home two months shy of two years ago and have fully renovated it. We bought the ho...
Trevor C.
Michigan Security Deposit Questions.
So we received the security deposit on our first rental and now we are unsure what the next legal steps are. I think I need to open a separate interest account (escrow?) and then provide the tenant with the bank and...