I’m in contract on a small deal for 500k. A long time friend of mine expressed interest in being a cash partner, simply looking for a better return than his savings account. This would be through monthly cash flow or ...
How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
I have some work needing done that requires permits and the contractors aren't licensed in the city where the permit is needed. They want me to pay their license fee and a fee for pulling the permits and putting their...
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
Closing at the end of the month on my first rental property. It's a duplex and wondering if I should encourage tenants to set up payment online. Was looking at sparkrent.com, it is only $1 per unit/month.
Has...
Hey BP community, I need some advise!
I moved home two years ago and was able to save 35K cash and am feeling like I'm approaching the point of investing in my first multi. I want to buy and hold for long term wealth...
This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
I write today seeking advice from you guys who's compounded experience may help me devise a strategy early on. I want to get started investing in real estate investing and would like to come up with a plan that will p...
Hi there, I'm just starting to get into small multi family. Should I do section 8? Sure, the state does autopay $1200 per month. My concern is what if the tenant trashes the property, I have no recourse. I wouldn't ...
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...