So here is our issue? This past January a couples lease was up, so we sent them a renewal. The wife texts back my wife and states they are getting a divorce and she’s leaving but husband is staying. Husband send back ...
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Hi BP,I have a pretty simple question as I'm planning out my future as an entrepreneur. AVG Millionaire is said to have over 7 (or several depending on volume) streams of income. I was wondering, is real estate in...
I have never bought a house before. I understand that you must have 2 years of landlord experience to count rental income towards qualifying for a mortgage. To qualify for a conforming mortgage on the types of houses ...
If you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles. Whether you're a new investor or looking to sc...
I just read a post where someone said you may have to pay SET on income from flips. Is that true?
Hello, I'm starting to practice analyzing deals and I was curious what you all thought of this listing... The strategy would be to buy and hold/For the sake of evaluation, let's say that Mount Vernon is a C- to B- n...
So today I found out that due to my high debt-to-income ration (61-percent) that I cannot qualify for a loan bigger than $100,000. That puts a damper in my vision to purchase a triplex in the next few months. But not ...
What is the standard approach when renting to an unmarried vs married couple? My thought was that if it's an unmarried couple, they must individually qualify to be a tenant or else their name cannot go on the lease as...