James Winters
Multifamily Review - Newbie
Looking at a MLS listing to learn what to look for here: 1600 N Emerson AveMinneapolis, MN 55411http://www.loopnet.com/Listing/6099429The numbers I calculate are pretty close to matching the 10 CAP shown on LoopNet. ...
Wayne Brown
Buying via online auction
So a home that was on my radar a year ago was just re-listed as a bank foreclosure but now an online auction. I've never purchased via auction but I am interested in giving it a shot. Besides the condition of the home...
Benjamin Fox
Doing the Math on a potential REO purchase. Worth it or not?
REO property listed at 90k. It is a twin.Last sold '08 for 96k Zestimate 140k (Id put it more in the 100-115k range ARV)From a drive by as well as the listing pictures this is an estimate of work needed:Roof (its a tw...
Rich Schroeder
Concealed carry
We finally got a good governor in Wisconsin (one of the last two states that do not allow conceal carry in the country). So I anticipate being able to conceal carry soon. Some questions for those of you who conceal ...
Bruce Woodruff
Power outages at Guest House
Looking for advice from hosts on this. One of our listings is rural (next to our ranch house) and we have experienced a few power outages recently due to lightning storms. Ranging from 1 hr to overnight in one case...
Jerry Mical
Section 8 Housing Rents Question - Charlotte
Hello all,I have been researching Section 8. I understand there are a lot of strong opinions on both sides of to rent to Section 8 or not to rent to Section 8. My wife and I have decided we want to pursue it for vario...
Thomas Williamson
So I get the dreaded phone call, I mean text message...
Sunday evening while finally sitting down to relax and watch a little football, I get a frantic text from one of my tenants, "Call me now please." So, before I could call her, another text comes in, "I really need...
Kalene Smith
Looking to Purchase Commercial Property, Need Guidance
I have a commercial property I want to purchase but have the slightest clue where to start. I own 2 residential rentals and know the process is somewhat similar. The building is:
in the downtown area which is attrac...
Kurt Z.
Insurance on a 6 unit property in California
The property is 3 buildings each with 2 Townhomes. I received a quote from my primary insurance broker at State Farm. He carries my auto, home, umbrella, etc. He underwrote it as 3 residential buildings. Any reason no...
Mick Harvey
Displaced Napa family turning to BP for help
Hi all
I thought I would try and use the power of BP community to help. My family and very close friends of ours have been evacuated from Napa, CA with high likelihood of losing our homes to the Partrick fire in Napa....