Jason Williams
Help with creating a seller financed installment contract
I'm selling a parcel of land to a friend. We both agreed to seller financed installment sale. Anyone have a contract they'd recommend using?
Are the any special rules that I should be aware of for setting this up ...
Rick Baggenstoss
How would you improve upon the 2% "rule"?
I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.
Simply stated, the income from a house should be greater than or equal to...
Chris H.
Looking for help in analyzing a very big deal.
I've been stuck in a bit of analysis paralysis the last 24 hours, and it's driving me nuts. I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a pa...
Audrey Cranmer Moini
What is the Best Way to us your 401k to buy a Home?
Okay, so I am running into an issue right now. I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.
I want to find a way to not have loose 40% for taking it out before...
William Goolsby
Unit Inspection question
Ok guys (and gals), I need some help. I'm purchasing (2) 16-unit, identical properties in Oklahoma, and I'm trying to schedule inspections. One was built in 2008 and the other in 2011. I know that every unit needs ...
Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
I am a new property manager. I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is res...
Nagarjuna Kalavagunta
Hi!! I’m a New Investor!! SFH vs Duplex. Advice please
Hello investors,
I’m a new investor and joined BP Pro membership today. Wanted to say Hi to everyone.I wanted to invest in Converse/ Seguin / New Braunfels area. I have couple of questions regarding this -
1. Is my ...
Anthony Freeman
Three replacement properties
Have you ever identified more than three replacement properties in a 1031 tax exchange?
Sylvia Castellanos
What costs do I have to deduct from what I am paid for a property?
I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price. There is still a lot I have to learn, so my question is going to be as basic as it gets. I nee...
Avery Lee
HOA issues - sell or hold?
I'm a newbie investor and purchased my first property, a townhome in Tempe, Arizona last year. I looked into the HOA when purchasing the property and they had what seemed to be plenty of $$ in reserves however now we'...