Eric P.
First time filing taxes as a landlord, questions...
21 January 2020 | 15 replies
Or all combined?
Emmanuel Antoine
Im a new investor and need help
15 June 2020 | 6 replies
My suggestion is to either try wholesaling to get some cash saved up to where you can function on your own (i.e.
Owen Dashner
Dodge St. Duplex Domination
11 July 2020 | 7 replies
This was not a planned expense initially, but we were able to increase our rents enough as a result to get a pretty short ROI on the investment.Our PM has also been functioning as a project manager/GC on several projects for us, so he ended up managing all of the rehab work, sending us weekly updates with pictures and notifying of any budget issues.
Logan Guest
How do PPM’s and Promissory Notes differ?
3 July 2020 | 1 reply
A PPM is a document that syndicators issue to describe the investment they're offering, disclose risks, and perform other functions.
Daniel Taylor
Why would seller reject offers with FHA/Repair financing?
4 July 2020 | 3 replies
Plumbing - Must be functional with no damage or leaks.Hot water - Must be functional.Electrical - All receptacles must function normally, GFCI receptacles required in kitchen and baths, no exposed wiring.HVAC - AC is not required, but if ductwork is present, then AC must be functional.
Cassandra Sifford
Detroit Investing - What Neighborhoods are You Investing In?
15 December 2019 | 27 replies
Detroit is a huge city, larger than the Cities of San Francisco, Boston & Manhattan combined.
Phil C.
Access to Capital - What to do next
23 October 2012 | 12 replies
The way I see it we have the following options:1.Buy another SFH, Duplex, Triplex, or Quad using our own cash and a LLC Bank Loan - $20yr amort, 5 year term 6.5% rate a.Least amount of risk b.Less complicated c.Slowest growth – takes more of our own cash, and restricts the size of the building/investment2.Use debt financing at 8% in addition to our own cash to purchase a larger building using a combination of the above plus our LOC at 8%.
Joshua Dorkin
BP Update 7.2.1: Navigation Update, Properties Removal
13 November 2012 | 15 replies
As two of the most important areas of the site -- the forums are where discussions happen and the marketplace is where users can advertise and solicit (where commerce happens on BP) -- we felt that they needed their own distinct areas.We've also eliminated the old "tools' menu item and combined it with our resources menu.Overall, the idea is to make the most important areas more obvious to our users, and we believe that this change does that.
Daniel L.
Primary residence exlusion on land that should be developed
2 December 2012 | 4 replies
I just got my first deal under contract as an owner occupant...There's a good chance I'll be buying an adjacent lot because there’s compelling value in combining lots in this area and building condos.
Barbara Hutsell
investment property (ours) foreclosure
7 December 2012 | 14 replies
The delay is likely a function of a couple of things.