I have a property that has been on the market for a while. I finally found someone interested however she is worried about her kids allergies with the existing carpet (used upstairs only, downstairs is all wood or til...
Hello Fellow BP Members,
I am new to real estate investing, but have always wanted to get my skin in the game for quite some time now. After finding out about BP and its podcast, I have been thinking endlessly of wh...
just acquired a short sale deal , the purchase price is OK but not really cheap. my attention is renting the house out quickly.Here is one of my biggest questions puzzled me:Do I need to remodel the house or just fix ...
On a TREC No.20-13 contract , Is it ok to write $-0- for the Terminatin option fee , or does this amount ( is $0 an amount) negate my right to terminate contract. This is a Fannie Mae property and my realtor said th...
I close on the sale on my Primary Residence this week. My question is will I be tax on the sale and if so what's the rate? I lived at this residence for about 4 year. I did some research and came across Topic 701 on I...
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*This link comes directly from our calculators, based on information input by the member who posted.I would love some constructive criticism on my analysis. Also, if anyone else is interested in syndicati...
We own one rental house we have been renting out for 2 years in IL. Our current renter breached her contract numerous times with late payments and having her boyfriend move in with her. We have not charged her late ...
My son just closed on his 1st property - a duplex with tenant in one unit and he’s going to house hack the other unit.We have 3 concerns:1. The tenant’s security deposit hasn’t been transferred to him yet, in fact, no...
Hi everyone,Were playing with the idea of renting out some camping areas on a wooded piece of land. There would be room for about 10 tent sites that would allow use without seeing anyone else. These would be very prim...
Hello, I am in the process of closing on my first rental property. I've read/been given differing opinions on whether I should transfer title into an LLC right away, thereby making the lease between the tenant and the...