David Kilgore
Buying Via Lease Option
I am currently looking at a property that I would like to acquire via lease option. My plan is to turn this into a rental for at least 5 years. I understand that the seller and I must agree upon a master-lease outlini...
Kevin Goldman
Figuring out my next move
I just recently sold an investment property that i originally lived in. I bought it for $440k iin 2009 and leased it on and off from 2017 till present for between $4000 and $5200, I sold it fior $1,100,000. I need t...
Paul Bush
Sub 2 hang-up
Hello! I have a sub 2 deal under contract at $181K and a retail buyer who wants to pay $220K to buy the deal from me, meaning he's going to pay me $39K cash to get the deal.
The problem is that he's nervous...
Stephen Loguidice
I'm only looking at Cash on Cash - am I being stupid on this one?
I currently have a deal under contract for a buy and hold 2-fam in Island Park NY (for those of you unfamiliar it's in Nassau county Long Island) House prices are high here so hitting something like Brandon's 2% rul...
Brad Birky
Buyers can't get financing due to zoning
We are in the process of trying to sell our duplex in Toledo and have run into (yet another) issue. The buyers have reported that they are unable to obtain financing since the duplex (built in 1907) is located in an a...
Danny Ondik
S Corp to manage many LLC's?
Hello,
I am planning on having an S Corp manage my 6 LLC's (and hopefully more in the future). Is this the best tax strategy moving forward? This is what I think after research but am nervous I am making the wrong mo...
Bradley N.
Junior Medical Lien Clouding My Title After Foreclosure
I purchased a piece of property from a bank that got title through a foreclosure via the first mortgage lien. There was a medical lien put on the property (vacant land now) 2 years prior to the bank foreclosure. My un...
Steven Hornstein
Dealing with contractors for the first time
Hello all,
I am a first time home buyer and will be using the strategy of living in a piece of property and renting out additional bedrooms through Airbnb to help cover the cost of the mortgage, and hopefully make a ...
Gene Zhang
Termite Warranty
I purchased a newly built home near Savannah, Georgia in 2008. It came with a termite warranty. However, the warranty is held by a termite and pest control company, who require an annual inspection costing $175 in o...
Caspar Vester
BRRR and Home insurance?
Hey Guys!My first post.I absolutely love anything and everything that BP offers.I have looked into the BRRR a lot and see how power this strategy can be. My question is during the BRRR process does your home insurance...