Aaron Hite
Selling a house via owner financing - what should I ask buyers?
Hello BP,I am selling a house via owner financing, and I am wondering what information I should get from them before taking their down payment and closing the deal. Other than where they work and what their monthly in...
Kim Thomas
Expense and receipt mgmt - Is there an app for that?
Starting on my second flip next week.Did a not-so-great job of keeping up with receipts and expenses on my first flip and it made things difficult in the end to fully asses. I think what Im looking for is an app that ...
Sara Bell
Taking over leases- first rental
Hi all!
I'm just put an offer in on my first rental. A duplex that is fully occupied. Still trying to narrow down the laws here in Ohio as far as taking over the current leases. I need to occupy the house since I'm ...
Zachary McDonough
RENT! RENT ! Baby! It's the 1st of Month!
Hey BP Nation!
So I am have been landlords for total of 700 years.....I mean 7 months! I am still collecting my rent through Venmo, CashApp, etc. But I am looking for better options. Options that do not require me to...
Jason A.
Using a HELOC for the BRRRR Calculator
Greetings,I'm attempting to analyze a BRRRR deal using the calculator. The initial purchase will be done using a HELOC with a 4% rate and five year tenor. How do I indicate such a loan for the Purchase Loan Details se...
Joshua Pfaff
Banking for small business that buys multifamily properties.
I was wondering what bank to use for my small business that buys multifamily properties. I want down thing that is FDIC insured, has a debit card, has minimal to no monthly fees, also has great customer service and gr...
Maria Saenz
Selling a Rental Property
I have a property that I turned into a rental 4 years ago. This property has increased in value $90,000 from the original selling price. What are the tax implications if I decide to sell the property without reinvesti...
Todd Bailey
Down payment for multi-family
My fiancee and I are buying a multi-family. She has the down payment $ from the sale of her house, but I will take the mortgage in my name (credit score). A lender told me today that "gift" $ cannot be used as a dow...
Latoya T.
How to complete a major repair and purchase within the same year
Happy Wednesday The Issues are 1) I have a a major repair to pay for of 50k. 2) I want to buy a 4-door and 3)I want both to be accomplished this year. I am not sure of the order in which to accomplish this or the best...
Lawrence Porter
Bonus depreciation has been reduced to 80%
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...