Kiet N.
Tax Deed: Taxation of the "penalty fee" and Re-selling Cert
Hello everyone, I have been a "silent reader" of this great community, and appreciating every single post. However, I haven't run across the following topics. Hopefully someone with knowledge would shed some light:1. ...
Frank S.
What investment strategy would you pick? (MOTIVATED SELLER)
Motivated seller selling me a 3/2 SFR but not sure what strategy to use.Property Details:Written Appraised Value - 134KPurchase Price - 90KRehab - 15KRent - 1,250/mthTax Rate - 2.54%Strategy 1:20-year mortgage, 4.63% ...
Kevin T.
Mobile home park deal analysis
Hi everyone,I'm a new MHP investor and I'm looking at a deal now and wanted to get some outside input on the numbers to see if there's anything I'm missing or need to consider before putting in an offer. Here are the...
Nguyen Quach
what to approach/ do for fire damage property?
Recently, there's property got fired partial of the house. I talk to the owner right away, Owner said he don't even know do he has the right to sell the house right now or not because he is dealing with homeowner insu...
Lindsey Matejak
Legal Rights Against GC
Hello,I recently had a major plumbing project done on my multi-unit building. I signed a contract at the beginning with a GC that was more general than I wanted considering the large price tag, but he kept saying that...
David Medina
Passive investing through these platforms.....
I am curious to know if anyone in the BP community has invested, Passively, with these popular platforms. I would like to know what your experience has been and how the systems work. Has anyone had real success with ...
Brian Dvorak
How to Get Tenant to move out or pay higher rent
Here is the situation - I purchased a home in Indianapolis and the seller claimed the rent was $650. The tenant claims she has been paying $480. When I asked her to provide a copy of the lease, she sent one that expir...
Joe Lambert
Suspending Depriciation for Taxes
Is it possible to suspend the depriciation clock on a SFH utilized as a rental. The reason for this is that the next decade will be a very low tax era. The addition of the passive income deduction will lower my taxes ...
Nicholas J.
Rate lock “typical fee”
I am doing my 2nd cash out refi on a rental house, and the bank is telling me I have to pay $450 rate lock fee, which I said I don’t want if there is a fee with it. They claim this fee has to be charged whether I wan...
Peter Morrissey
STAR Program for Property Tax Impact on Taxes from Previous Owner
Looking at a place in Syracuse New York, and when I look up the taxes, they show a discount from the STAR program. Trying to figure out how to compute the real taxes that I would be paying. The only contact info liste...