Ethan Peyton
Should there be a breakfast bar here? Costly??
The wall with the stove in it. I don't believe it is load bearing. It leads to the living room (living room is 23x17, kitchen is 12x24). I'm thinking of knocking out the upper half of this wall and creating a br...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Pete Tam
Multi Family investment property
Hello,
I would like to know what are the different factors that need to consider before I decide to put my money for multi family property. What type of cost should I keep in my mind? How do I find reasonable propert...
Julie Verardi
Refinancing in NJ- Do I need a lawyer? What fees are involved?
What have people paid in application fees when refinancing in New Jersey? Do most people get a lawyer when refinancing or is it straight forward?
Zach Sikes
Subject to in Oklahoma
Forgive me if this has already been asked. Ever since the BP app came out I've been reading on my phone. (Joshua Dorkin might add a search feature to the app).
Does anyone have any experience buying subject to in Ok...
Sean Gribbons
Do You Use A Project Manager On Your Flips?
Hey BP people, how often do you use project managers for your flips? I'm not talking a general contractor I'm talking someone who is in charge of making sure things are getting done.If you do use a project manager how...
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
David Anderson
Ways to minimize capital gains tax after flip
We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
Duncan Hogan
Getting from the first property to the next
Hello, within the last year I purchased my first property by using the house hacking strategy on a duplex. My tenant pays most of my mortgage for me and I became incredibly determined to try and get another deal in th...
Mitch Davidson
Another great benefit MTR has over LTR
I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...