Michael Tranzilli
Waterbury, Connecticut
BP, I just found a deal in Waterbury, Connecticut. Two townhouses FSBO. Initial research off pro forma shows an 8.2% cap rate. I'm intriqued and want to now dig deeper. I know NOTHING about Waterbury, Connecti...
Chad Huffer
Attorney says residential prop sale is a commercial transaction
So, got a residential seller in Maryland who wanted to have her attorney draft a contract.... I reviewed it and made some modifications to it and emailed it back to the attorney. He responds with this:"It is my unders...
Joyce Kim
How to avoiding commingling
I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...
John Clark
Buying a Stigmatized Property
I am looking at buying a foreclosed property that is labeled as stigmatized. There was a suicide in the house in 2016, and I'm torn on if I should buy it. It's about 50% remodeled already and the rest of the work is...
Chris Martin
NC Commerce Tier changes - Fayetteville is now 'distressed'
North Carolina, via statutory changes to the Development Tier Designations, changed the way NC Commerce identifies Tiers in their County Distress Rankings. The latest rankings show that a bunch of the coastal plains c...
Deborah McCarthy
Looking For The “Nasty” Gem – Doing It Right?
There seems to be a huge amount of investor competition in the Boise/Nampa area and it is a struggle for a newbie like me to snag a great deal. I have literally missed great deals by a matter of 15 minutes or so in t...
Dimple Gajra
Cape Coral, Fl flood guidance
Hi BP,
I was surveying Cape coral market. I realized the risk of flood in that area is very high. Is it a good idea to invest in such an area? Should it be okay if I have insurance, do they cover floods? Did anyone l...
Tracy Cheon
What are the technical(digital) tools do investors and(or) general contractors use?
Hi, I am a flipping investor in Seattle. I started last year with the first property to flip. I find some parts of the process (Organizing purchases/deliveries, Payment, and managing important details) quite inefficie...
Easton Hill
How will lenders view the mortgage on my 1st house when trying to by my 2nd house?
Hi Folks, I am looking to move out of my first house and convert it into a rental and purchase a new home in a new city were I will be moving for a new project. House#1(Current residence): Value - $350-380 w/ 230k in ...
Henry W.
8288-B Compiling my Tax returns for FIRPTA
For the past 4 years I have been investing in Commericial Real Estate and Land in Los Angeles, California. I did do one tax return in 2012 using turbo tax but I never bothered after because I was making more expenses/...