Albert Bui
Your Taxes & How it Affects your Ability to Qualify
If you are applying for a new loan during the year in which you purchase in which case you have not yet filed a tax return to claim the rental property will be 75% of gross rents evidenced by lease agreement and...
Bruce Coleman
Should I stay the course, refinance, or 1031 exchange my equity
Dear BP Community,I’ve been a buy and hold investor of single family townhomes for 3 years now. My goal is to earn enough passively to quit my day job. If I have to pick a team on whether I invest for cash flow or a...
Padric Lynch
Potential Wholesale Deal, What Now?
So I've been direct mail marketing and this lead came in:The situation: The owner and his ex-wife still have joint ownership of the property. Ex-wife's son is living in the property and supposedly fixing it it up. The...
Kenesha Lewis
Do you need a title for a mobile home on land?
I am dealing with a seller in Florida, the mobile home is 40 years old and on land. There is proof of deed with county and tax assessor, however the title company is asking for title or VIN number. From my understandi...
Jada Joseph
College Degrees & Real Estate
Just a very opinionated subject I'd like to touch on.. I definitely understand that college isn't for everyone but do you feel a college degree is needed and/or helpful/beneficial when you're in real estate?For those ...
Breyeon Morris
How to evaluate and offer on rental properties?
How do I know what’s a good deal and what’s not when it comes to buying a rental property?
Joe J.
Amended returns resulting from miscalculating property basis
I've been filing my tax return through H&R block software for a long time now. I purchased a rental back in the middle of 2012 and have just now realized that my property basis I inputted into the H&R block s...
Devin Bost
What kinds of rehabs don't require permits?
I'm considering buying a 6-plex that's currently operating as a non-conforming use. It's currently zoned in a commercial zone that doesn't allow the multi-family rental usage, so if we need to pull permits for any con...
Vante Jay
Real Estate Syndicators
Hello all !! I’ve been looking into Real Estate Syndicating for some time now since I’ve been reading up on it and been practicing making fake deals from LoopNet and Crexi I’ve came a cross a problem with my research ...
Kevin Wareham
Has anyone had any problems with rentals next to a gas station?
Currently have an accepted offer on what would be my first property. It’s a 3 family in a good location and the numbers work for me but during my inspection today the inspector asked if it had a clean E21 report to ce...