Kenny Rains
Is This Version of House-Hacking Viable?
I am looking to purchase a multi-family home in Q1 2018. One strategy to accomplish this goal is to purchase a duplex along with my parents. The duplex would not be an investment property for them as they would use on...
Chad Hotovec
Property Tax Transfer Issue
Well, I had hoped that 2018 would be better for our rentals than 2017, last year was very very painful, but we're not off to a good start. I learned yesterday that when we purchased our last property the title compan...
Account Closed
Hard money wants to fund deal- but not enough liquidity
Hi Everyone,I have a very solid deal in Evanston (Chicago suburb) but some hard money lenders don't like my current liquidity. Here are the numbers:Purchase price: 102,000Repairs: 55,000ARV: 230,000-240,000I currently...
Mary Joe
Wash DC income & property tax question - out of state investor
Hi AllI live in NY, am thinking of purchasing a rental property in DC. 2 questions:1) Do I need to file a separate tax return to DC ? I will of course include this rental property in my 1040 and my NY return, but n...
Raymond Hill
Selling Real Estate Mortgage and Deed
We are working with a family that is preparing to put their property on the market for sale. Furthermore, the wife name is listed on both the deed and the mortgage. The husbands name is listed only on the mortgage. In...
Ryan Kinsella
Help- Way to split a partnership
Hello BP, A partner and I have been searching for some rental properties in two different markets. He has taken the lead in one market, I've taken the lead in searching in the other. It looks like the first one we h...
Austin Somlo
New to Tax Lien and Want to Understand the Math.
Having never done Tax Lien stuff before, I am confused about the math, and I want to get clear answers. I am wondering how much do I get in profit if the face value of the tax lien certificate is $25.23 with a rate of...
Andy N.
At what point would you self manage?
I have a full time job and right at 60 units. The units consist of a 48 unit apartment complex, 2 duplexes, and a hand full of SFR's. I am currently using a manager that charges 8% across the board. It's costing me ...
Jeremy Karja
What is the best partnership for a family member and me?
How should I structure this partnership? My father has about 1 Million in different Landon he purchased over 10 years ago. Some has double his money in appreciation and some he is even. The Land is a cabin next doo...
Zain B.
Warranty Deed vs. Quit Claim Deed
Hello BPI am a new investor looking for some help. I have a property under contract which is foreclosed. "Title to the property will be conveyed by either Special Warranty Deed or Quit Claim Deed, or equivalent docume...