Craig Jones
STR hotel house hack with creative financing
Yes, it's BP buzzword bingo -- but also a real deal. We're closing in a couple weeks on a 5-room motel in the Tahoe area that also has a 4 bed / 2.5 bath / 3000 sqft SFR "manager's unit" that will be our primary resi...
Julio Gonzalez
Smart Strategies for Selling Your Investment Property
Selling an investment property can feel like a double-edged sword. While it's exciting to cash in on a successful investment, the looming capital gains taxes can significantly cut into your profits. For savvy investor...
Jason McBride
Is this possible
I hope this makes sense.
I guess it is a kind of Subject to deal not 100% sure but it is the financing i am curious on. Since i will have to have it written somewhere that i will eventually pay 130k for the property....
Cole Stumbough
North Carolina specific Forms
Hello all!I am getting ready to rent out my first property in Winston-Salem and I would like some help finding the following and any other advice you might have:1. NC residential lease agreement (I requesting the most...
Dustin Long
Lender signed a release of mortgage, it wasn't properly notarized, and is refusing to sign a new one
I had received notice that a financier had been sued 4 years prior to me even meeting him and that I was going to have to pay the lawsuit on his behalf. It was only around $4,000, and I still owed him ~$30,000. The...
John Gonzalez
Looking for a real-estate informed CPA or Tax expert to avoid or offset W2 income?
Hi, thank you for reading this,I have a low performing STR, on which I have incurred losses in 2023. From this Dennis Karlton video: https://www.youtube.com/watch?v=yfz6kyw3W7k&t=692s; I've taken away that:1. Loss...
Abigail Joanna
Buy tiny home to put on property or save for next property?
Hey bigger pockets family, I'm facing a dilemma that consists of me choosing whether or not to buy a tiny home and put it on my current home's property, creating an ADU to rent out or to save that money that I would p...
Perry Luo
Question about setting about fund for investors house flips
Hi everyone, I'm new to this forum and new to real estate house flipping. My friends and I (one is an broker, another is an engineer/construction) are starting a real estate investment company. We want to set up a fun...
Travis Kremer
Post Due Diligence Contract Termination
Hey BP,
I am under contract and passed the due diligence period on a tri-plex located in South Carolina. After discussing my concerns around the current market conditions sorrounding COVID-19 with my agent, she menti...
Brian Barfoot
How do you structure your late fees?
I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...