John Smeltzer
Complaint about tenant noise
Wondered if anybody had a similar situation and have any suggestions on how to handle. I have a condo I bought 3 years ago for purposes of renting it out. The previous owner used it sparingly (maybe 7 weekends a yea...
Dave Limbocker
1031- Defining proceeds from relinquished property
Two rules as I understand it are in order to defer all taxes in a 1031, newly purchased property must be equal or greater in value of the net sales price of relinquished property and carry the same leverage (loan) of ...
Mike Kalob
Subsequent Taxes on Different Lien OK?
Howdy All,
I just purchased a water lien. I understand I can pay "subs" for any future unpaid water bills on the same property to add to my lien and let it grow.
However, can I also pay o...
Artem Pustovar
How you search the title before bidding on Foreclosure auctions?
Hi,My name is Art. Im from Portland Oregon.I have experience buying on open market and from auction.com .now I want to buy on foreclosure auction. I understand probably this is most risky and the same time most profi...
Tony Lin
Drawing equity in main home to invest passively
I have a good amount of equity in my primary residence that I'm thinking about leveraging for passive investments in syndicated deals. Right now I have ~75% equity available to draw. Mortgage payments are pretty low a...
Barry Allen
Hard money lenders flips
Hello BP. I was just wondering, since alot of HML's will put down only 70% of ARV for flips, when I put down that other 30% do I get that money back when the house sells as well as the profit? Just can't wrap my head ...
Damian Baynes
Removing awnings
Hi everyone,I'm about to start a large renovation project and the house has some awning on the windows and the front porch which I would like to remove. Anyone know is this a big to-do? It's not necessary for me to do...
Account Closed
DEPOSIT
Is it correct that a purchase and sale contract is not binding unless the purchaser puts money down? Whether the purchase is a business or individual, should the seller sign some sort of paperwork of acknowledgment of...
Gary McNally
Vacant / Underdeveloped Land
Hi there, does anyone have any experience with vacant/underdeveloped land? I'm looking at a plot but looking for some guidance on what to look for while evaluating the deal. Zoning & Land Use is something that...
Melissa N.
Thoughts on Drexel Hill PA
Hello Everyone!We are looking to purchase rentals (buy and hold) in Philadelphia suburbs. Anyone have thoughts on Drexel Hill? Crime looks ok and some job growth but I noticed that the population has declined since 20...