Paul Smythe
The end of the mom-and-pop investor?
The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
Daniel Taylor
In need of a partner for down payment on a 12 plex
What if? That's what I'm asking myself.. Well they always say find the deal and the money will come.Please look over this deal and give me any advise. https://www.biggerpockets.com/calculators/shared/323987/a4617532-4...
Warren L.
Do we need to get a permit to rehab houses if my partner is a contractor?
Hi BP community, I have a quick question about permits and licensing. Me and my partner are looking for rundown properties in Jersey City to rehab and renovate. He is a contractor in NY but not licensed in NJ. I'm ...
PJ Boxel
CMA: Zoning vs Subdivision
This is probably a question for the more experienced investor among us: Is a property zone the same as a subdivision? I know that appraisers will never leave a subdivision! However, it's not the easiest task to identi...
John Curseaden
70% Rule
When, if ever, do you depart from the 70% rule in making your max offer on a property?
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
NA Morris
How to sell land in floodway
We purchased 11 lots across the street from our homestead Approx 20 years ago in order to prevent building and overcrowding. We are now disabled and maintaining the land (in city limits) is becoming too much, AND prop...
James Wise
Lakewood, Ohio no longer requires Point of Sale Inspections
Cleveland area investors take a look at this. Just last week this memo came out highlighting a major policy change in one of Cleveland, Ohio's most popular suburbs Lakewood, Ohio.What do you think? Is this a game chan...
Ray Taylor
Calculating Tax Depreciation
So I have tons of questions about how depreciation is actually calculated, but I will start small... Many references say you calculate the yearly depreciation in the value of the building(not land) at purchase and div...
Vlad K.
Purchasing a property with no occupancy permits (Pittsburgh)
I'm looking at a small multi-family in the Pittsburgh area. It's zoned correctly on the county website but the seller does not have occupancy permits for the units. If the seller is unwilling to do the work to get the...