Mike Miller
Could a Seller Sue You for this after the Sale?
I was talking with an owner, I will not end up buying from him for the record. But initially he said he doesn't want to sell to a developer who is going to alter the house or tear it down. I told him I am not a develo...
Sanghamitra S.
1031 to payoff mortgage?
Hi,I have a condo that has been a rental property for a few years that I am getting ready to sell in the next couple of months.I also own a piece of land on which we are currently paying a mortgage. We may build on t...
Kathleen McCabe
Dallas M-Streets - Converting a detached garage into an ADU
Hello! I live in Dallas TX. My friends has a home in the M-Streets with a detached 2 car garage. How do I find out if she is able to convert that into an ADU / mother in law suite? The home is technically in "duplex z...
Patrick Hancock
Private Money Partner Question
Hello,
Partnering with a private money lender to assist with down payment on a duplex. He will receive a return on his money for seven years but no equity in the property. His question was how secure was his loan. ...
Austin Jones
Buying a STR without a buyers agent
My wife and I have identified a property we are interested in. I reached out to the sellers agent directly to get more information (YTD income, 2019 income, backstory on property, current market insights, etc). I'm...
Peter Thielemann
Rolling over a 401k to a self-directed IRA.
Hello, I'm looking for a reliable custodian to roll my company-sponsored 401k into a self-directed IRA. I'm looking to purchase rental properties to supplement my soon-to-be retirement. Also, I'm looking for any infor...
Devan R.
New Construction - Wrong Upgrades Installed
As I've mentioned previously the wife and I are under contract for a pre-construction home. The home is about 75% complete. The builders have asked the buyers not to visit the site (26 homes) that being built in t...
Matt Liu
Tenants doesn't give 30 day notice and dissappears
If a tenant does not give 30 days notice and leaves at the end of this month (never paid for this month), can I keep file any kind of judgement in addition to keeping her security deposit?
Shachar Avraham
How to increase rents with rent control
Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
Joe Patton
Duplex renovation and AADU addition
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $717,500
Cash invested: $180,000
I purchased a duplex here in Seattle in July and have been renovating bot...