Keith W.
Exit Strategy for Lease Option Buyer
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
Dulce Beltran
Building class: What makes a Building an A class
Hey BP!
Am looking into commercial residential and want to know the differences between a class A, B, C buildings. Besides the ubiquitous letter grade, what actually makes the building class a C vs an F aka a war zo...
Jack Seiden
Gaithersburg new ADU laws
The new draft zoning ordinance of Gaithersburg, which, for full disclosure, my mom has worked for the planning department my entire life, is out with an interesting wrinkle: they will not only allow ADUs but also have...
Aubrey H.
Pay down debit or invest in a new property?
We wanted to get some insight on how to proceed with our business! We own 4 SF and 2 MF for a total of 8 units. Of those 8 we live In one unit and his parents live in one, So only 6 units have an income. On the 8 unit...
Jack Ni
Would you buy a house that’s 367 feet from railroad track?
I found this house that is 367 feet from a railroad track. The house is AMAZING for the price and $40k undervalue. House will probably appraisal for $100k but the bank is only asking $60k. (Bank owned) Need about $10k...
Jj Kell
CPAs who specialize in RE investing
Hi, I just bought a multifam (3family) in Boston and am looking for a CPA who is well set up to handle these things but priced reasonably for the small time individual investor. I havent read the rules of the forum s...
Michael M.
Making an offer on a multifamily in the Bronx
Looking to put an offer in on a multifamily unit in the Bronx. Supposedly there are other offers. The asking price seems similar to other asking prices in the area, however recent sales from 2016 and 2017 do not sup...
Pete Perez
Seattle High Income Tax Proposals
Hi BP,I was curious what local investors think of the High Earner's Income Tax that Seattle is talking about currently? How do you think it would impact your business? I am not clear on the details of the tax either. ...
Ryan Dossey
Exposed brick wall in the kitchen?
What do you guys think? Yay or Nay? Downside I'm thinking energy savings loss is a potential. Upside is trendy/unique which is what we're going for on this flip. Smaller kitchen:Dark Granite, Stainless Steel Appliance...
Klaycon Santos
What's the risk buying a house without inspection?
I put in a offer on a 4 unit, 6000 square feet apartment, plenty of potential, but to get into this gigantic house without seller hesitation to accept our offer, our agent put in no inspection clause. First I was to e...