Pete Nater
Questions for Note Investors
Thanks for your insight. I appreciate it, really. Here are my questions;How is the income from mortgage payments to the note holder taxed? Is it unearned income at a lower rate? Are there any tax tips you might recomm...
Nicu Parente
Should I inherit a tenant of a mother in law suite?
Hello BP,I am looking at a property that has an attached mother in law suite with a separate entrance, kitchen, full bath and a 3 year tenant. It looks like this SFH was rented out as two separate units, the main flo...
Jamelia Rabsatt
moving a tenent out (month to month lease)
Hello BP! I am a new landlord and I just rented out my condo on a month to month lease. It hasn't been a month and I am already having issues. I really want her out and I wanted to know what is the right way to do it....
Marquell Jones
Usda loans advice..................
hello bp family. I need advice on usda loans. The questions I have are: When is it applicable to go for a usda loan? What are usually the criteria for getting usda loan? What are the pros and cons? How much of a down ...
Keith Belzner
Vetting buyers
When you have a property under contract and your looking at assigning/selling it what are some question or requests of potential investors? Off the top of my head:funding? proof of funds? close timeline? buy ...
Ryan Rush
Laundry card to coin machines
I inherited about 8 laundry machines that have card readers (not credit cards - laundry mat cards) specifically for the laundromat they came out of. I want to convert them to coin machines and use them in my multi fam...
F Thomas Gehrig
best CRM for me
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 ...
Renee Jones
3mth Loan To Start Reno - Renovation Funds Held in Escrow (Reinbursment Only)
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...
Rafael Floresta
Short sale of home bought before marriage
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...
Meguial Taylor
Property Inspection?
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...