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I close in just over a week on my first rental house. I've read on the forums for a while and I've kept a list of lines I want to add to my lease to avoid various problems. Should I work with with a local attorney to ...
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I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...
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My condo is an HOA that is suddenly non-warrantable for conventional financing. To save money, management raised the wind and hail insurance deductible from 5 to 10 percent. That exceeds the 5 percent max allowed by ...
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Hi --I live in Brooklyn. The New York market is just not going to work for me, so I am looking to buy property for rental income in Philadelphia. I've picked Philly only because the conventional wisdom is that your fi...
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Hi BP, I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in renta...
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I figure this is as good of place as any to ask this question. Is there any benefit or downside to buying through an agent or the owner?I have been looking at properties on various sites and have noticed that when on...
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I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection...
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Henry David Thoreau, one of my favorite authors, went to the woods to live, in his word, deliberately. He lived at Walden Pond for 26 months, a journey of self reliance and spiritual awakening. “Simplify, simplify”,...
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Hello-
I'm currently in England on a student visa. I'm a 32 yr old American.
Has anyone on BP been able to invest internationally? If so what steps did you take? What where your acquisition and exit strategies?
My g...
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Presently, I've noticed a surge in foreclosures emerging in Tampa Bay. I'm curious if this uptick is due to many investors being involved in hard money loans and now facing the need to refinance, unexpectedly encounte...