One of my clients owns a house in Indianapolis. A GC put a lien on the house and while the client is addressing the lien issue with the GC he wants to refinance and pull money out. Assuming paying off the lien is not...
I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...
Hey BP family! Question from a newbie here. Recently I purchased my first investment property by way of using a HELOC on my existing home to finance the cost to purchase a second home that I am now living in. I have ...
A have a tenant in one of my rentals and his lease his up in June 2020. I'm looking for experiences or something really fair besides having him pay 6 months. At the same time Jan. and Feb., are the last 2 months I'd w...
Hello! I have an investment property in Athens, Georgia, where the tenant consistently pays rent late. In the lease there was a 5-day "grace period." Even with a generous grace period, although the tenant is current o...
Long post - HELP.I got an email this morning from my tenant that I sent a non-renewal letter to last month. I gave this tenant an extra month to find new housing as it is very difficult to find housing here. She has ...
Hi guys, How are you planning to finance your retirement?What income in retirement do you need?I used to think that if I have about 10 houses, each pays about 2k in rent or so, all houses paid off, lets say after all ...
Timing the market is nearly impossible. Many investors try to time the market by waiting for the perfect deal or waiting for the market to hit a low before they invest. However, it's important to remember that no one ...
I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet. I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...
Hi all,
I'm new here. I'm seeking some advise on USA property investment.
I am foreigner, (singaporean) and I just bought a multifamily apartment bldg with 6 units in Rochester NY, 100% tenanted with management in pl...