Tim Kaminski
Termites?
Hello,Been in Florida for a bit over a year now and very interested in investing, obviously. I'm living in Tampa and was curious about how investors deal with termite issues. From the north so don't have much expert...
Sean Wilt
Hotel/Sales Tax -- paid for by renter via AirBnb??
I'm in massive research mode for first STVR investment. Feel I have a pretty good handle but surprises still come up! I am looking at an area that has a 6% hotel tax and 7% sales tax. I have been putting these nu...
Joseph Weisenbloom
Accessory Dwelling Unit Houshack in Austin Tx
It appears the only way to make a househack work in Austin is to build an Accessory Dwelling Unit in the backyard. Prices are very high for anything with 4 miles of downtown. I'm thinking buy a rundown house in east A...
Del Kelley
LEASE OPTION or LEASE PURCHASE?
From speaking with a couple of mortgage brokers, the option fee cannot be used as "an acceptable source of borrower funds" as stated by HUD. Could the the tenant / buyer sign a purchase contract with a non-refundable ...
Eric Newcomb
Questions On Creative Financing
Hi All,I am a general contractor in central mass who also has done some flips for realtors and myself. I have been looking for an off market deal for an investment property and have found one. It is a small single fam...
Scott Tousley
Mammoth Lakes - realistic cash on cash in first year?
Hey BP, No idea if anyone will even see this :) but we are looking at purchasing a 2 bed/2 ba condo in Mammoth within a 10-minute walk to Canyon, Eagle, or village gondola. I'm struggling to calculate a decent cash on...
Nick Miller
What do you do to minimize tenant turnover?
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
Shawn H.
Hiring kids & Roth IRA
I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?
Andrew C.
Apartment Vacant for Almost 3 Months
I'm an out-of-state investor relatively new to the Louisville area. I recently closed on a tri-plex in the downtown area and one of the tenants moved out and my unit has been sitting vacant for about 3 months now. The...
Account Closed
First-time Investor: Out of State (unseen)
Hi BP community,
I have been looking at properties within the $20,000-$30,000 range in Cleveland to do a flip. Alternatively, to rehab then STR or MTR. I prefer a flip first to make $ to do my first buy and hold. I ...