Jake Pham
Owner-Occupied Commercial Loan for rental property
I saw a pretty good opportunity in San Diego. It is a mixed zone lot, currently has a commercial property(1200sqft) in the front and a house in the back (900 sqft). My end goal for this would be build 2 more rental un...
Satyam Appadwedula
Unusual situation with a commercial tenant
I have a commercial tenant (bakery). We used to run the bakery and to get out in a rush when my partner moved back to Israel, we sold the equipment (ovens, refrigerators, Proofers, mixers etc) and rented the space to ...
Ryan Wede
Multiple adults on one lease
I currently have a SFR with 4 tenants in the unit. 2 of them plan on leaving and the other 2 want to renew the lease. I have a couple questions about the transfer to the 2 tenants that want to stay.
Current deposit?...
Shawn D.
2% rule or 50% rule filter/screens
I actively look at properties and NEVER seem to come across a property that complies with these "rules". What other considerations should I take in account so I don't miss out on property because it doesn't "match". ...
Ben Pohle
Capital gains exclusion 2 year rule
if I were to purchase a property as a primary residence, reside in it for 2 years, then rent it out for 2 additional years and sell it at the end... Will I still be exempt from capital gains up to $250k single/$500k j...
Ellyse Jacobs
Contract and contingency language
My partner and I are working with a Realtor who has helped us locate a bank owned single family home in a good neighborhood that we are looking to flip. The house is generally in good shape with mostly aesthetic updat...
Elizabeth O.
Hud appraisal; I cant be the only one who never had stove / toilet
I am purchasing a HUD home that does not have any kitchen appliances and the half bathroom on the main floor is framed and drywalled but there is not a sink or toilet installed.I am being told by my lender and my real...
Chris Hiser
Newbie in the Philly Suburbs looking to build a network
Hello Fellow BP investors, my wife and I are looking to get into investing. We tried flipping several years ago with partners and learned a ton of what to and more importantly what not to do. Our “flip” is our current...
Kevin Kim
Gas was shut off due to non payment
Gas shut off When tenant doesn't pay gas, how long usually take CNG shut off gas? My tenant called me and stove/heat is not working anymore. I called plumber and my plumber says it is due to gas was shut off. I closed...
Brendan L.
Tax question: first time homebuyer exception for IRA
Ok, so here is the order of events:Before the end of last tax year, made a 5.5k after-tax contribution to an IRA. Did not file for the deduction on that money. Withdrew the 5.5k from the IRA to help with closing on fi...