I am looking at building a house on a spare lot we own. Can you all confirm the process order and anything I am missing?1. Decide on a floorplan 2. Receive construction loan quotes3. Receive soft appraisal 4. Sign Bui...
Hi - I just purchased an under/over duplex that was previously a duplex (years ago), used as single family last and we are turning it back to a duplex. The doors that were taking off are still available to turn it bac...
Hi,We’re starting our search for our first apartment (6-24 units). So far we have a couple SFH and a 4plex in Colorado. One of the SFH has over a 100k in equity tied up in it so the plan is to 1031 exchange that int...
I have a nice SFH rental rented out to a nice young professional couple. They have had LOTS of issues with the neighbors playing music very loudly at all hours including during the day. I do not own this other SFH. ...
Our 100 Gallon, 199k BTU water heater is getting old and needs to be replaced soon. Cost is about $5-6k. I'm looking at Quick Water Heater in San Diego and for around that price, they can do tankless. Any idea if that...
Hello BP World,First and foremost, I hope everyone had a fabulous Christmas yesterday! I'm looking to purchase my first multi-family property and desperately asking for someone's advice and/or feedback on 3 quad-plexe...
All,I am looking at a nice potential flip property but it is disclosed the outside is asbestos. I believe it is the shingle siding. For estimating purposes:1. Do I need to replace them (most likely for resale right)...
I am having trouble finding article which discuss how taxes are handled when flipping properties under an LLC. If you could share an article or help with the below scenario, that would be greatly appreciated.
Our LLC ...
Hey guys,Any experience with landing a bank owned property that was occupied? If so, how did that go for you? Interested in the good, the bad and the ugly?Thanks in advance!
Whats your take on buying in bad areas, what I mean by that is the areas where crackheads roam, no one takes care of the steets they live on let alone there properties?Seems like the only multi-family homes I can find...