Rashaniqua Cason
Pulling Equity from property
I have a rental that is free and clear. Which I have had it for 2 years recently moved out and put a renter in. Now that I’m receiving cash flow from it would it be smart to get a equIty loan or equity lIne to buy an...
Steven Lebischak
When to apply the 50% Rule
While reading the Ultimate Beginners Guide I was introduced to the 50% Rule and the 70% Rule, and the 1% Rule I have heard was bumped up to 2%. I like the 70% Rule as a good guide to make sure you are getting a good d...
Chris Connery
Splitting taxes/income between LLC members
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Ali Zantout
choosing between deal options and capital us in Kansas city, MO.
Okay i have 2 deals I am looking at for my second investment property both deals are 30 year loan, the mortgage price includes insurance and taxes.. 1) first deal is 2 houses owned by one person that can be bought in...
N/A N/A
Wrap-around Mortgages
Say, for example, that Joe (who has bad credit) wants to buy a property, but needs Mike (who has great credit) to get the loan.
Can Mike get a loan from a lender, and pass it through to Joe?
James Park
Currently, What percentage of your networth is tied into real estate?
A curious question I wanted to ask to the members of BP.
What percentage of your entire networth would you say is tied into real estate investments, including your primary residence if you own.
You can include your ...
Nathan Alton
Advice on mansion rehab and sell
Hey all,First off, I recently relocated to a different city for a job. I was browsing homes for sale by owner and found a 7br-6ba 7,000 sqft. and 10 acres and this house is very cool. Just some of the features inclu...
Rob Duhon
Pest Control? What and When???
I have 3 rental houses and I'm embarrassed to say that I've never had them had them sprayed by an exterminator for pest control. Can someone please recommend how often I should have them sprayed and is there a specifi...
Susan Tan
[Calc Review] Help me analyze my first deal
To what extent is this a good deal? Here's the info on this 1,550 square feet fixer upper duplex that I have under contract in Cincinnati, OH with worst & best case estimates:Current Purchase Price: $99,910. I'm c...
Jason Carter
Austin Texas Tax Sale Right of Redemption
I am looking at a property on a tax sale list in an up and coming neighbor hood. I tried to search for liens or loans on the property and couldn't find any other than the tax arrears owed. (about 11k)1st question: wha...