Hey BP,I am a still a newbie to this website, have been lurking around for a couple months now taking in tons of information. I have decided that my first investment is going to be a multi-family, with the intentions ...
Hello, everyone! My name is Chris and I'm new to BP. I've been a big fan of BP for quite some time, reading and learning day by day. Recently, I've decided it's time to post my own questions and get great advice from ...
Hey guys,I am getting ready to buy a 4 unit multi-family property from a friend who does not want it any more but doesn't want it to go back to the bank ( moving on to a different business). So instead of $85k it w...
So my wife and I began building our team last week. We met with a banker to discuss our plan to get into real estate investing. He looked over our plans and helped to clarify a couple of questions we had while confirm...
In specific, I am working with the LISTING AGENT. What are all the documents I need to complete this transaction? Mind you, I am WHOLESALING this property, not purchasing myself. Do I need to contact my cash buyers l...
Does anyone have experience using this service? It sounds great on paper, particularly for a new investor working on their first flip that requires major structural work for a 2nd story addition. Having the benefit ...
Two questions 1. Am I able to split the water bill with tenant in the duplex I currently live in ( and own). I recently just understood that your supposed to include all expenses into the tenants rent. I just picks up...
Currently have 3 rentals carrying legit losses on my tax return for a number of years now. I understand that this will be useful when I sell, in order to reduce my capital gains tax. It also reduces my AGI from my 9-5...
How do you charge renters with pets? Do you charge per pet and if so how much? Do you charge a different fee for cats vs dogs? What if they have a dog and a cat, then how do you charge? Do you charge a one time fee o...
I'm interested in doing a house hack with a 4-plex that needs some work. I'd like to the FHA 203K loan on this one, but I can't seem to find anyone who actually does them. Everyone knows about them and says that the...