Danica Estrada
FHA Loans and illegal apt? 1st time home buyer
We are looking to buy a 2 family home in Westchester, NY. City records state it’s a code 220(2family) but in reality there is a 1st, 2nd and 3rd floor apt. All 3 floors have different entrances and they all have their...
Stephanie Blouin
Analyzing rental properties in New Brunswick,Canada
Hello,
I am using the bigger pockets rental calculator and I am missing some information to get a more accurate idea of the cash flow. I am looking at the New Brunswick market for duplexes.If anyone can help me answe...
Christopher Russell
Can landlords deduct for their personal time or repairs?
I have read through many threads and get the idea that many people are under the impression that they can deduct their own time on federal taxes. By own time I am referring to completing required repairs, managing ren...
Sean B.
transactional funding to use while the loan is not ready to close?
Hello,
In a little bit of a pinch, as we have had some setback on our 203k loan and the closing date is next week. The loan is about 30 days out and we've asked for multiple extensions already, and the selle...
Alexander S.
23 Year old Mobile home and Apartment Investor from Chicago
Hello BP! My name is Alex. I know just a few members around here (including JScott) from the Fastlane (where I am much more active). My user name there is the same as it is here.
A quick background on me: I turned 2...
Adrian Chapman
Rolling a property under an LLC
This may be very obvious to some but if I purchased a property with an FHA loan an then decided to rent that property out, and then decided I'd like to start an LLC to protect myself in case of a tenant suing. Is it p...
Lee Melvin
Price to rent ratio (lower better?)
Wouldnt it be better to buy properties in places with a low price to rent area?
In other words, cheaper houses with the highest rent?
Am I off here?
Patrick O'Connell
What Would Brandon Do? (WWBD)
Hello BP community - This is my first post where I am reaching out to the BP community for help and could use some advice on the situation I am in. I am an avid BP listener and really need to start leveraging this gre...
Christy Harlander
Private Investor for a purchase
This is my very first post to BP so thank you in advanced for any help. I just became a pro member after listening to Brandon's webinar on the 29th and I'm So excited to be a part of this community. So my husband an...
Lauren Heart
Holdtime before 1031 exchange?
Hello fellow BP'rs!I have been trying to find concrete info on laws...but it seems to be a grey area? I acquired a new unit and I'm now looking at a 1031 exchange of a portfolio (5 units, commercial financing) into s...