There exists a significant problem in district court procedures that we must all be concerned with. Legally, there are three ways in which rent can be paid. These are to pay rent as required by the lease to your la...
I would like to find someone out there to follow, someone who has the same goals as I do. So I would like to pose a few questions to see if I can pull out some knowledge... not only for myself but for others to view....
Hi there.I'm just wanting to know if this is something that other investors might pursue. I have been using the BRRRR method this year with good success so far. Once refinanced, I have at least 20% equity in my 3 prop...
Hey BP community!With Fannie and Freddie proposing that the new cash out refi period going from 6 months to 12 months, I am curious to hear how everyone plans to continue to BRRRR with this happening? Are Hard money/P...
Hi all, If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy? A bit background, I did a flip...
Hi BiggerpocketsI have a seller that purchased a property in 2001 with his girl friend at the time. They broke up in 2005 and she has since stayed in the property.
The original mortgage of 80k was in both their name...
Hello and thank you in advance for your ideas/guidance and help. It is honestly much appreciated!!I purchased my first rental property 11 years ago with zero knowledge of what I was doing and today things are only wor...
Hello, we had a tenant move out that we inherited with the building. We are owed approximately $2,300.00 in back rent and heating oil bills. We gave a demand for rent & eviction notice about 15 days ago, but they’...
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...