I recently bought a tax certificate in Russell County, AL.  The house is clearly abandoned, as there is no power or water, and the house is completely overgrown.  We've also had a sign on the front door for more than ...

Hi my name is Shawn SwaglerMy business partner, Dave and I are attempting to buy a property from a person who is doing a sale by owner and in 2016 his brother-in-law, who was the contractor lost his family in a car ac...

Hey,

If I am looking at a properties income statement, do I add back depreciation and amortization into net income before non cash items?

For example, I have a friend who's dad wants to sell his 100 unit property fo...

BP fellows,
I'm renovating a property in Hoboken and looking for advice on where to source materials.
I've found lumbers liquidators to be good for flooring and went with Pella 350 for windows (best windows for the ...

I'm planning to do an FHA loan on a multi property that needs about $10k of work per unit(Not including contractor labor). The limit I can take out before getting a 203k adviser(More fees, implications) is $35k. My mo...

Hi BP Community, I've recently purchased @Michael Blank 's Syndication Deal Analysis calculator. I've received a P&L statement from a  broker. However, the NOI is trending in the red, due to recent capital improve...

Tenant has credit score above 650, but I am really concerned about this item in his credit report.I searched internet, someone said "cancelled by credit grantor" is not a bad thing.But Balance really scare me. Althoug...

Hello BP'ers -We are currently underwriting a mobile home park with all park owned homes.>>>The homes are in bad shape and the repairs line item eats 1/3rd of the Gross Income!Does anyone have any tips or exp...

I had a month to month tenant in California move out without warning on the 4th in order to avoid paying rent on the 5th. 
She told me to keep her deposit ($450),  to cover her moving out and a hole that was left in ...

I am considering house hacking a multi-unit apartment or a Single Family home (with basement) in DC. When conducting tours of the perspective places, I am not sure how to estimate repairs for major items. I have heard...