Hello - I have a property and Tenant wants to buy, He has been renting for a year and is now looking to buy a home. I am also looking to sell and purchase a small multi unit with proceeds. First and main issue was ...
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Does anyone know if a condo association (6 unit building) can pass rental restrictions that prevent you from renting? I think my association is trying to pass a rule so I can no longer rent out my unit (I am currently...
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Hello everyone,Making my first offer on a property and a first 1st post here! This is a 1935 duplex that I will rent out. Having a tough time estimating the cost of plaster repair (cant bring a contractor until after ...
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Hi everyone,I had bought a SF rental property in early August from an investor that was selling his portfolio. I paid him 20% down and he seller financed the other 80%. Two days ago I received an e-mail from him stati...
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So I've already gotten one surprise in this adventure... I discovered that dad's Living Trust becomes an irrevocable trust upon his death. I've already gotten an EIN for the trust, but I'm really unclear on how I do ...
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Hey BP, I’m looking for advice on my first deal that we just got under contract. It is a flip, and basically I'm wondering if I should form an LLC for this deal. I know of investors that will form an LLC for every ho...
So my current tenant told me back in september 2018 that she needed a first floor apartment (because she got sick and needed help going up and down the stairs) completely understandable so she said she was going to st...
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I recently read a post regarding asset pricing that got me thinking about the dynamics of investment property valuation. Having read a multitude of posts on BP, it has become apparent that the majority of first time i...
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I am looking to refinance a duplex that I purchased in July using an FHA loan, and am trying to get an approximate idea of whether or not there is enough equity to refinance into a conventional mortgage. We paid $163k...
Hey everyone,Working through the purchase of my first out of state rental, and I was looking for advice and pros/cons of self managing vs hiring a property manager. Can anyone with experience in managing property out ...