Should a contractor receive 75% up front or should they be paid in smaller increments?
My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...
Moved to Austin for work and purchased a home in 2021 with just under 4% interest rate. Due to circumstances at the time I was able to put 0% down without PMI. Fast forwards to 2025 and I need to move again for work. ...
If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
First time home buyer with $70k saved up & want to invest in a Las Vegas rental property with the intention of moving there in a few years (currently in SF Bay Area). What are the best areas/zip codes specifically...
What a nightmare these HOAs are. Mine just empowered themselves to fine homeowners. They even recorded in their minutes that during a "vote" for fines....a no vote will be counted as a yes! You can't make this stuff u...
Hello All,
I went under contract on a Fourplex in Miami this past week with the following stats: two 2/1's rented at $900 per month and two 1/1's rented at $700 per month. I figured these numbers were fabrica...
Just closed a reo flip and profited 64K in 90 days due to the FHA seasoning! :D