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I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
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Live on? If I only bring home $700 every two weeks to pay monthly debts that are more than what I earn monthly, can I afford to get my own place to stay? I have loads of debt and I know my current debts and the debts ...
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Hi everyone,I'm wondering whether my fiancé and I should begin to pay our debt down ASAP or begin investing in RE. I know there are intelligent arguments on both sides of this issue and that it depends on the details ...
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Hi Everyone,
My name is Olivia, I’m a 24 year old college grad (Penn State ‘16) and like most of my classmates I have student loans ($45,000). I am trying to prepare myself to purchase a property for househacking in ...
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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
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A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...
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I have a tenant whom broke her lease and wants her deposit back. She is claiming her husband whom did not live with her, and was not on the lease, received orders to go over seas. She has decided to accompanying h...
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When I hear people talking about their buyers for wholesaling they always say cash buyers. Do the end buyers you assign the contract to have to actually buy it in the full amount with cash or can they take loans out t...
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Using a tiny house as an extra bedroom- no bathroom no kitchen- Good idea or bad idea? It's the size of a shed, or average bedroom. I'm renting these out as an affordable housing solution. I've designed ones that a...
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I could use some advice on this.
Originally, I wanted to buy a multi family home in NYC with a FHA loan. I thought I could be a OO and live rent free AKA let my tenants cover the costs.
Thank goodness for BP! I may ...