We bought a house earlier this year in Milwaukee with owner financing and I have a question on how I can involve my kids in this transaction. I do have an accountant but being in the middle of tax season I hame hopin...
Some of you may have seen this post before because i accidentally posted it in the general one instead of here. I've been doing research after seeing so many accessory apartments listed as multifamilies in long island...
I live in Los Angeles and have an opportunity to buy a 4bd/1ba home in Cleveland for $13,000. The section-8 tenant brings in $700/month (direct deposit from gov't). The house is in solid condition due to the annual ...
Hello BP Family! I am new to the forms but have been listening to BP for a couple years, and are a big reason why I became a Real estate agent. I would love to be able to provide value to investors in the NE Ohio area...
BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...
Hey folks, I'm looking for some help interpreting this covenant that applies to a 10,000 sqft lot in Brunswick County NC. There is no HOA, the covenants were drafted and signed by the residents of the subdivision, so...
My wife (licensed agent) and I are (new) investors with 1 rental property. We are considering partnering with a long time friend on a flip. I am curious on how we could best structure her commission into the deal to s...
I'm hoping to get clear guidance here on what I need and don't need to do. I'm working backwards here as I already bought two properties under the LLC name. Very much shoot, ready, aim. I haven't got any guidance on t...
Hello Everyone,I've been waiting on a post and monitoring some of these similar questions for quite some time but now have a conundrum on my hands in which I'm trying to figure out a relatively simple answer for. I'll...
I approached a friend about partnering on an investment.
Basic terms are that he puts down the whole payment, gets 50% of income off the top, no other expenses, and on resale, he gets the original investment back firs...