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Hey all, I have a strange question regarding inspector ethics and civil implications of sharing info. I paid for an inspection on my Mom's house which I am in charge of selling as part of her estate and fixed all the ...
We have accepted an offer on a beautiful, fully remodeled, house built in the early 1980's. We have done all the work on the house ourself with the help of a general contractor who is a friend of ours and made sure it...
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I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...
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Feb 2019. Just purchased my first distressed note 2 weeks ago, started foreclosure this week. So far so good, and all the paperwork makes sense. Now it's just a waiting game. Won't know what rehab is needed until I g...
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
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I own a 5 unit apartment building. It really is a very old house (I would guess built in the 1920's) that was converted into apartments sometime in the 80's. This property has a huge hassle factor and is a headache.T...
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Hey BP friends - I am interested in purchasing a property that needs some work and want to add more sq ft. I am taking to a hard money lender, who will fund the purchase and renovation cost at 10% down payment. Points...
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I'll try to keep this as short as possible as I could go on for days and days.I'm a unit owner that was not happy with the former board so I ran for the position and was voted on as treasurer. I am a Financial Analyst...
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I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
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In order to save on some money, do many of you buy the materials your self or do you have the contractor do everything? also as far as staging goes, where do you usually buy the staging furniture from and how much wou...