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Results (3106)
Michelle Artmeier Not sure what to do - looking for RE advice
18 December 2023 | 7 replies

We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....

Bob Crummer 4plex guidance please!
16 May 2019 | 6 replies

Thanks in advance to everyone at BP, this site has taught me a lot so far and I am in need of some guidance!I am looking at a four unit, bank owned, vacant for 6 months property in a small town. Ask price is $80k.Vaca...

Michael Schaffer Gas Station Purchase - Newbie advice
8 September 2024 | 9 replies

Hello, my name is Michael. I'm new to this community, and new to investing in general. 
I've recently saved enough resources to purchase my first business, which I'm considering to be a gas station.
I've done many o...

Account Closed Investing in Detroit
22 November 2013 | 2 replies

As a retired landlord (13 years as an inner city landlord in Detroit and outlining areas) and so many people asking questions about investing here, let me say this......

YES there are still some sections in D...

David Kim Cell Tower Lease Owners: How do you respond to letters requesting
20 April 2019 | 8 replies

Hi everyone,My property has a cell phone tower on its roof, and I just received a letter from the carrier saying they've decommissioned some of their microwaves, and that they want us to reduce rent in light of this u...

Gulliver R. When can I start billing back the water and sewer bills
27 January 2018 | 10 replies

Okay so I'm about to close on a property with 36 tenants. My plan is after closing I'm going to install water sub-meters so I can bill back the water and sewer bills to the tenants. I will send out an Addendum (with s...

Billy Zhao Buying Duplex in A Hot Market
24 September 2020 | 18 replies

From the onsite, it doesn't appear to be a good deal. Please give me some of your thoughts:
Type: Duplex, fairly new, not a fix-upper (mostly updated, need minor updates that shouldn't cost more than $5,000)
Asking ...

Joseph Hammel Funding a solo 401k from rental income.
17 April 2024 | 13 replies

Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.

Chris Weiler UBIT, Roth IRA and a private loan
31 March 2014 | 10 replies

Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...

Jaime Penix Investing in homes with chinese dry wall? Any experience with this?
29 May 2018 | 23 replies

I use to see homes listed with CDW but the walls were still up. Now I see a lot of the homes with CDW have been gutted, usually sparing the wiring and tubs. The prices are discounted but not as much as I think they sh...