Hey BP, here's a scenario that poses a number of issues and I'd like to get an opinion on how it might be dealt with. There are several issues arising here, so the problem will require some skill to resolve.
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Hi! First off, please forgive me for my level of tax ignorance. My friend asked me this question who is looking to get into REI and I honestly could not answer it. That's what BP is for :-).If I am grossing $2,000 ...
Hi there! My landlord reached out to me via email regarding their need to sell the home I currently rent, as they are attempting to buy a home out of state for their child. They are selling via OpenDoor, which require...
I have a question.I had a property that I was under contract and wanted to flip, after checking the property I decided it wasn't for me.So I decided to wholesale it,The deal actually was pretty good for the right pers...
Hello All! I have a condominium (1b/1ba) in Austin, Texas in a college housing heavy area. It's currently featuring old laminate counters, worn out sheet vinyl flooring in the kitchen, a suspicious yellowed bathroom v...
Hi there.
I have a house I have owned for 18 years. I have about 700k equity in the home in Lakewood, Colorado and am trying to figure out the best decision to sell or buy.
I want to invest in flips and brrrs and...
Hello all, I have a new tenant that just moved into our investment property last month. Prior to the move-in we completed background checks, references etc and did a walk though. A few days after moving in the tenant...
Hi there. My fiancé and I are looking to purchase a duplex in San Francisco to live in one unit and rent the other. We’ve looked at several properties over the last 3 years. We found one that is in move in ready and i...
How much cash flow should I be making a month off a rental property for it to be worth it?
Introduction:Here is the situation: I have been a licensed real estate agent for a little over 2 years. My first year as an agent I was full-time. All of my savings and budget went to Zillow's Premier Agent platform. ...