I'm researching a property and am running into two issues. First is an illegal apartment in the basement, but I think that's easy to resolve by removing some of the fixtures and then claiming it's a finished basement...
a close friend approached me yesterday with a possible rental deal. He knew I was in the process of finding my first property and he asked if I'd join him on this deal. We went over the numbers, some are based on la...
My boyfriend owns a home with his ex girlfriend. It was bought as a tax sale. He has been the only one putting money into the home for remodel and repairs all with his own money. He works all day then goes to the hous...
So Im working towards investing in my first multi-family property. Ive listened to many podcasts for months, and have read a fair amount of books on the matter as well. I know the next step is to start networking, a...
Hi BP!I'm a new investor in the Massachusetts area and I'm curious as to if any of you have experienced a similar situation as the one I am going through right now. I have noticed in my search for an investment proper...
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...
I'm a complete newbie to landlording. I just rented out half of my two unit two months ago (I'm living in the other unit). The units are on separate utilities, each with its own fuel oil furnace. I just replaced my f...
Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...
Hey everyone! So yea my question is pretty straight forward. I want to get into multifamily, but I don't have cash to start with. I hear about (and see, I've recently jumped in full-time into REI) hard money and pr...
I have a couple with 6 kids ranging from age 20 to age 4 applied our house. They told me their credit is not so good but they are working on it so that they could buy a house of their own one day. The previous landlor...