Gilbert Dominguez
The latest skinny on Dodd Frank and the Safe Act
If you are an individual you can owner finance one deal per year, If you are married your wife can likewise owner finance one deal per year. If you are a trust you can do one deal per year. If you are an LLC or some o...
James H.
Learning as I go
So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
Account Closed
Anybody with experience using 203k loan in Chicago?
I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
Tajinder S.
Short Term Rental opportunities in Kissimmee, FL
I'm new to the whole STR business, exploring my options to invest in a good market. Lately, I have been looking at the properties in Kissimmee, FL. AirDNA score is good but I see there is lot of variation in housing ...
Firoz K.
Impossible to buy anything right now..
Rookie investor here.. just bought my first rental property a few months ago but impossible to buy the second one- even with interest rates over 7% here, every property I make an offer on has 7-10 competing offers wit...
Richard Lee
TN - Gatlinburg/Pigeon Forge/Sevierville STR taxes
We finally have our STR property set up and rolling, listings cranking on Airbnb and VRBO, and on our way towards getting enough 5 star reviews to kick the machine into high gear. Still have some deferred maintenance...
Andrew Pappas
Seller financing with no equity and current mortgage
Hello, I have a specific question and haven't been able to find the answer.I have a very motivated seller who owes about $126,000 on his house, which is also what it's worth. He is willing to repair the property and ...
Roy N.
Apportioning costs associated with taking a second mortgage
[Note: I initially posted this topic with a poorly worded title - thanks to autocompletion on my phone - here. I am reposting with a new title and have cleaned-up the narrative].
I've been ap...
Alexandra E Aponte
We bought our 1st home & found out we hate living in the suburbs!
Hello BP!I'm pretty new to BP forums, and so far have just posted in the "Welcome to BP section". Thanks for all who welcomed me by the way!Here's our situation: My husband and I just purchased our first home (in sout...
Boone Tyson
House caught on fire and insurance didn't pay!
Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $80,000
Cash invested: $40,000
Sale price: $104,000
Had it under contract to sale at 165K and it cau...