Good day everyone! I am currently in negotiations with a seller. He asked a tax question that I am not sure how to answer. He asked how much taxes will he have to pay when he sells his house. He has lived in the re...
Hi everyone,I'm looking for a reputable company that some of the BP members use. Can you please recommend which company you trust to handle your SD IRA 401k? I almost got a Traditional IRA, but read about the SDIRA 40...
My husband and I have the opportunity to purchase a triplex in another country, and after running the numbers, it looks like a great deal. However, securing a loan overseas could take up to a year to close. Do you hav...
Need some advice on what is considered an appealing "Cash on Cash ROI" to a buy and hold investor. I'm working on what could be my first deal since joining BP and I don't want to blow it because of not understanding w...
When it comes to lease renewals how soon should the tenant get their new lease? Should it be a month before the current lease expires? How much time should you give for the tenant to respond? Once the lease is renewed...
How is everyone screening their tenants and collecting rent?
ihave heard of some option a while ago but forgot what sites they were.
ihave also heard about setting up direct deposit.
TIA
Hi All, This weekend I went and toured a listing that has a 4 bed/3 bath main house (1800 sq ft) that comes with a 2 bed/1 bath coach house on the lot. The main house is owner-occupied, and the coach house is tenant-o...
Who is responsible for changing the water fillter in the refregerater, the renter or the landlord.
Thank you biggerpocket members.
Just got back from a Commercial auction.
Here's what I bought.
6 unit apartment
5 2br units
1 studio apartment
1 Current long-time tennant, rented for $600/mo with all utilities paid.
Rest of units are vacant due t...
Its seems to me that the main benifit of using a simple land trust to hold title to your properties is that it will hide the owners anme form public record. This is nice, but it seems pointless for mortgaged propertie...