Mary Jay
California- the tax bill is higher than the rent
HI guys,we bought this property in California in 2019, we rented it to section 8 person.3 years later we received a bill saying we owe 11K in taxes (plus 4K in penalty, of course). The problem is we did not rent the p...
Hilary Nelson
Landlord vs Property Manager on lease agreement
I am getting my first rental property! I have heard several people suggest that I refer to myself as the property manager or even as someone who helps out the property manager instead of referring to myself as landlor...
Libby Baugher
Rental Property Inspection
Hi all, yesterday I posted a question asking if your property manager does inspections on your rental properties and if yes, how often. I forgot to ask another question in that post which was, how much does your prope...
Tanner Carson
Real Estate Structuring during growth stage
BP member for years, got off for a while due to kids and being busy. RE has recently taken off and went from flipping 5 houses over 5 years to now having 2 rentals, 1 new construction home, 9 flips, 36 acres under con...
Curt S.
Cabin Rental Homes in Northern NJ
Hey BP,
I was wondering if anyone has had success in cabins/lake homes in Northern New Jersey and if there are any towns/developments/associations that are more amendable to services like airbnb or vrbo.
Thanks!
Joseph Hummel
BRRRR paid off is it a cash-out or just a refinance?
I'm just about done with my first BRRRR I purchased it with HELOC attached to another property so there was never a mortgage on the property.To get a mortgage on it so I can access the equity what are my options? I've...
David Hajdu
Rookie real estate agent: how can I negotiate repairs/seller credit during escrow?
Hi Everyone, I’ve got my first buyer and I need advice on how to negotiate repairs or seller credits with the seller. We offered list price for a property after a large price reduction. It is sold “as is”, and we are...
Jesse Blaine
Best Structure for a JV arrangement for fix and flip?
We have several investors interested in doing a JV fix and flip with our team. These would be simple one off projects and so it doesn't seem like the right project to form a complete LLC with operating agreement as w...
Dee Jesse
Primary Residence: Portion Used as Rental Questions
If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so? Would I have to inform the lender? Can I then treat my property as an investment/income propert...
William B.
Pre-foreclosure / foreclosure deal
Anyone want to hit any high points on what I might be missing or offer any pointers about purchasing a pre-foreclosure? I am under contract to purchase a 3/2 SFR built in 2005, the owner does not occupy the property, ...