Ruben Galindo
Less than 12 month term leases
I currently have eight long-term rental with one more closing on December 1, 2021. I recently started marketing terms of less than 12 months. Good idea or not a good idea? Why or why not? If it a good idea besides...
Eric S.
Seller financing in Toronto, Ontario
Hi BP,So I've got a family friend who is looking to get rid of a disaster of a property. He owns it outright and I would like to approach him with an offer to buy it off him with seller financing from him. I've never ...
Jim Vinh
Selling previous rental property - need help with decision
I have a SFH that I have rented out for 9 years. There is quite a bit of capital gain on it (about 500K). I am thinking about selling it now that I am about to retire (and the market is high). If I make my this rental...
Bear Geiger
Tax free land exchange. (not 1031)
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
Ashton Karp
Home equity loans to avoid capital gains upon sale
I am not in a position to act on this question but am genuinely curious about its possibility. When it comes to capital gains tax, this is paid when selling an asset for a profit after any adjustments that can and are...
Salima Hooks
Project from H. E. Double Hockey
First off I want to say I am quite emotional today an apologize in advance for this lengthy post. I have a property in Binghamton Ny, 20 mins from the University that I am willing to let go for free. I wont lie....hal...
Gannon Beebe
Restriction to increasing rent in California in 2021
A little background on my situation. I own a condo in San Diego that has two tenants who meet my rental requirements together but not separately. They are on a month to month term now. The financially stronger tena...
Sonia Chopra
NYC/Queens Multifamily Homes - Attic Bedrooms
Hi All, I am trying to figure out what the general rules are when it comes to bedrooms in the attic for a multifam in NYC. I've seen a few 2 fam houses (one I'm currently looking at) that were advertised as 3 bedrooms...
George Post
Rental SFR Currently in Irrevocable Trust - Now What?!
Good Day!We have a rental SFR that is currently in an Irrevocable Trust. Sadly, the Grantor has passed away (Grandmother in-law) and the trust has served its purpose and the asset is now ready to removed from the irre...
Michael Mounlio
New to rentals! basic startup plan.
I have a couple books on the way and listening to one from audible now. Looking to transition into rentals full time in the future (15 year transition).
So i bought my 1st home at 47,000$ and never had the idea to r...