Tony Varao
Handling tax deductibility when house hacking a 3 family
What is the appropriate way to handle depreciation, tax destructibility of interest, taxes, closing cots, and utilities when you are house hacking a 3 family? Purchased in April 2018 and also understand there are som...
Account Closed
How do Sheriff auctions work? Are you allowed a contingency period?
Hello,
I work in investments but have never purchased a property directly through an auction of any kind. For Sheriff auctions, I have been told there is no contingency period and that the purchase is final. Is that ...
Sean Ade
Using a 2nd Home or Vacation Loan
Hey everyone- I'm interested in learning if people have had success investing with a 2nd Home loan or a vacation loan (I realize at this current second both of these might not be options, but looking in a historical v...
Michael Chalke
Holdover tenant - Albany, New York
I have a tenant on a month to month lease which has been nothing but problems. I thought, since they were members of another family in the building, it would be fine to rent to them since they had been living in the b...
Fremy Rosso
wholesale contracts and assignment agreements
I am close to having my first house under contract and I've tried to come up with my 2 contracts ; seller to me; me to assignee, I'm having a hard time choosing/making a contract that makes it clear that after a certa...
Cindy Berner
using flip calculator
This might sound very basic - I'm trying to use the flip calculator on the site. When prompted to enter monthly holding costs I have to use a specific loan amount, correct?? I'm not understanding how the calculation...
Vonetta Booker
Money Tied Up...What to Do?
Hey, BP--here's my dilemma:I’d love to continue investing in buy & holds, but most of my money is tied up in a flip last year that didn’t sell in time, so I wound up renting it out and doing a refi to pay off my H...
Shafi Noss
Who Owns all the Apartment Buildings?
Somethings been puzzling me lately. When I walk out into the street, I'll see a ton of 100+ unit apartments or condos, and I've been wondering who owns them. There are apartments like this all throughout the country, ...
Austyn Victoria
Chimney falling off house - Should I try to save it? SLC
Hey BP!How valuable is a fireplace/ wood burning stove to a home in Salt Lake City Utah? Is it necessary to have a secondary heat source? (Furnace is only a few years old)I’m under contract on a buy and hold single fa...
Justin Reyes
Sub To finance
I’m sure a lot of people heard about Sub To financing. Does anyone know how to do it?