Michael Bailey
Newbie from Las Vegas - Hey BP Family!!
Hey BP Community,Thank you for taking the time to check out my post. My wife & I are new to Las Vegas, we are both former accountants from NY.We’ve always wished about investing in REAL ESTATE & read books abo...
John Robert Kinsella
Post Covid tourism???!
I'm having difficulty with a purchase and determing if it makes sense. The thing that worries me is what covid has done to our tourism the past two years. Below I'd the breakdown, but I'm still waiting on the financia...
Marina Shlomov
Section 8: Do you rent to Section 8 or Not?
Hi all,I own many properties in Atlanta, GA and over the years have had many Section 8 tenants. Not all were a disaster, but the paperwork and the unreasonable inspection demands have finally got me down and we stoppe...
Jameson Drew
My second (not as easy) multi-unit. Muncie, Indiana
Location: 619 W Howard St, Muncie, INOriginally listed for $50,000, offer accepted by bank for $20,000 (cash)8 Units (2 2BD/1BA, 5 1BD/1BA, 1 Studio)4470sqft on a 7772sqft lot.Taxes $1646 per year.Assessed at $82,300,...
Jason F
Discouraged Buyers
Do you think the current market will have a lasting effect on the way the general public views purchasing a home?
It seems that after losing a home to foreclosure or having to negotiate a short sale would leave peopl...
Aaron Signer
Fired GC having Subs call me for $
I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...
Matt Higgins
Minneapolis St. Paul vacancy & cap rates on the rise
Did anyone else see this article in the Strib today? https://m.startribune.com/twin...
For those who don’t subscribe, I will give you the highlights.....
They expect vacancy in Mpls/st paul to go from current 3.5% ...
Ben D.
Cash out of California?
I have a SFR rental property in Fontana, CA that is worth 390k and I owe 255k. I am 1 year into a 20 year mortgage and have had same renters for 6 years no problems. I am not cashflowing, but obviously trying to pay...
Account Closed
Abandoned apartment complex, owner/LLC dead - how can I buy
So I found this 100+ unit apartment complex that's been abandoned for at least 4 years. County Records gave my the name of the LLC and that there's $70K past due in property taxes. When I researched the LLC I discover...
Chris Sullivan
COVID-19 - Uncertain Times
Hello,I am a new investor and am ready to buy my first two family property to rent out however the pandemic is holding me back. There is a lot of government assistant to help tenants to essentially not have to pay the...