I currently have a rental property that we have owned for 10 years. I refinanced 2 years ago with the HARP program to a 15 year fixed at 3.5%. My wife's father suggested this was a good move for us. I have been rentin...
@John Fedro and other mobile home investors - I might be moving on my first mobile home deal! About an hour ago I as going to ask a simple question in regards to how might getting approved in parks works. I presume th...
I have a house under contract in Canton, OH. My plan is to wholesale it. Comps range from $12,000- $50,000. Repairs estimated between $15,000-$20,000. The house is under contract for $14,000, and I am asking $18,800. ...
got a question. lets say you purchase a tax lien, and before the property is redeemed or you acquire it thru quiet title, what happens if the house is burned down or damaged by the current owner or someone else?? ...
'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
Hello BP community, i'm in the final hours of a deal and underwriting is all of a sudden requesting that I hand over the closing disclosure from a deal that I closed 5 months ago. Has anyone ever experienced this? The...
Hello I am thinking about buying a 2 family multi in NJ. This would be my first rental property. The place is great, not a lot of work needed. The only real problem is the current tenant.
She has lived in the ap...
Hey guys, I'm fairly new to this website. My wife and I have 3 rental properties in Conway, AR and are going through the process of buying our 4th. I am seeking advice because I just don't know the right answer and wa...
Hi BP,
I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...
I found I deal that could be very profitable for me, but it's so hard to pull the trigger on something that isn't pretty, only depreciates, and might be more work than I expect. When I see the property, I think ho...