Paulo Metts
VA, FHA, and Conventional Loan Order
Hello BP! I’m eligible to use a VA loan, and hope to use an FHA loan to purchase a 4-plex with each loan type. I also have enough saved to put 20%-25% down for another 4-plex by using a conventional loan. I have en...
Joseph M.
Young Attorney getting into the real estate world
Hi BP!I've been researching and loving the BP content and community here for some time. I'm preparing to move into real deals. I'm out of Saint Paul and Minneapolis MN. Twin Cities born and raised. I also attended col...
Jon Huber
Never following through... is the same as quitting.
For those of you who don't know, I've run a great "coffee meetup" in Los Angeles before moving to Boca Raton, Florida. While in South Florida, I couldn't find a similar meetup, so I started one in Delray Beach, FL....
Jive Turkey
HELP! Landlord in need of advice!
Hey BP community, I just wanted to start by saying I really enjoy what this site has to offer and that it has provided me with tons of educational reads and that there is always somethin' good every time I log in.Okay...
Josh Koett
Need Help! Question for Realtors
I want to fix and flip a home. Specifically add-a-level to a single family and upgrade the initial first floor. If the home purchase price is 300k and the ARV is 450k, would a realtor agree to waive the 3% buy commiss...
Todd Heintz
Living in IL looking to invest in WI. What should I be aware of?
Hello everyone. We live in northern IL and are looking to invest in southern WI. The property taxes there are half of what they are where we are in northern IL. I'v heard that WI has some little charges, fees, litt...
Ashly B.
Tax question: Owner financed payments
I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...
Cory Lucas
Tenant just moved in already making request?
I just got a tenant moved into a new property that I recently acquired and he was due to pay a prorated amount for February and instead paid double. I brought this to his attention via email, asked if he would like it...
Shain Cannon
spare bathroom remodel while tenant still occupies dwelling
Bit of an odd scenario:
SFR with 2 separate leases, each lease to occupy their respective half of the house (clearly laid out in each lease). The tenant in one half of the house has broke his lease and moved out. (A ...
Stephanie Brown
As LP in multifamily: depreciation write off preferred returns?
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...