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I currently have 16 doors. a 9 unit studio building, a quad with 2 bedroom units and 3 SFR . I am purchasing a Motel to convert to studio apartments. it will have 13 studios and 1 3 bedroom unit. It is an hour drive ...
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Other than the interest rate and pay back terms, do you recommend using a Heloc from a previous rental or a conventional loan for buying your next investment property
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I am in contract in a short sale with a seller who bought a house before he got married. He is now deep underwater and wants to shortsale. He is still legally married but separated. He doesnt work, he is a veteran and...
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I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. Where can I go to borrow money to g...
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So, In my contract it states that I can opt to have a property inspected prior to closing. Right. So my question is: Can I have my friend who is an licensed and insured contractor "inspect" the property on my behal...
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BP Community - Does anyone have a list of tax specifics/conditions that apply to sharing cash flow between properties to pay expenses?For example, Property A has cash flow that exceeds depreciation and Property B is a...
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I am looking at a multi family property that is fully vacant while the owner tries to fix it up. Which do you prefer when buying a fixer upper: fully occupied or fully vacant? Maybe a mixture?
My thought process i...
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Hi everyone, my wife recently reached the dream of being able to retire at 49 thanks to rental properties. Some of her properties are in her self directed IRA. A provision in the IRS code known as 72T allows one to ...
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In Montgomery County, MD the law states that interest cannot be charged until rent is late by 10 days. If an owner wants me to write language into a lease that late fees will be charged if received after the 5th of th...
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Hello BP!I am an investor from the SF Bay Area. I am purchasing a 5plex property in Dallas, which closes tomorrow, 8/31. I have experience with rental properties in the bay area, but this will be my first out of sta...