I recently acquired a large waterfront lake lot that has an older double-wide.  The lot is large enough to divide, but the mobile home will have to be removed before dividing the lot.I'd hate to tear down the home if ...

Hi there I'm relatively new to the bp forums and I am wondering on how to move forward. I am looking to invest in properties and must ask should I take a conventional loan out and build some equity and pull equity out...

My wife & her sister were willed a home 50 & 50 in Statesville,NC. We live in NJ.The home is big 6 bdrms 2.5 bh ranch on double lot, mother & daughter 2100 sqft. The good thing is, we have a great tenant w...

Good evening BP'ers,

I have a client in NYC that has a property in Jacksonville, Florida which she inherited through a will and the property has been abandoned for several years and isn't in great shape (land has val...

Hello,After extensive negotiations, I recently signed an exclusive with a broker to find a tenant for a commercial property. It's been about two weeks and he has shown the property to two prospective tenants who I bel...

I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...

I am leasing for the first time, after my tenant moves out. What is a typical fee for pets? Single dog, multiple dogs, single cat, multiple cats etc

Hi all,I read through forums but haven't seen an answer to the question what is a reasonable salary for 1 owner S-Corp LLC that flips houses? Let's say everything is outsourced - houses are bought from wholesalers, GC...

Looking at a property that needs rehab--a 7-unit property. Purchase $300K, rehab $100K. So far the lenders I've spoken to aren't a good fit. Either they only lend on 1-4; or if it's >4 units, minimum loan is greate...

I live in the city of Austin Texas where the market is starting to get very expensive to buy a home. I am a first time home buyer and want to take advantage of the lower down payment to purchase my first property for ...