Ravindra Gandhe
Granite vs current tiles - tenant preference / ROI
Hi All,I wanted to know what is good strategy in this case. I have a condo in Orange County that has tiles on kitchen countertop. It will go well for few more years like 10 yrs. I am getting the cabinets painted. Do y...
Matt Nuttall
East La 4 UNIT Fixer Upper
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $475,000
Cash invested: $70,000
Acquired with Business Partner Chris 50/50 via Hard Money. Gutted 2 of the 4...
Linda Pasas
Creative Financing in Florida
Hello, I'm looking to purchase 3 single family homes from the same Seller. I would love to package these together in one loan. Does anyone know of a lender who will finance something like that? Thanks!
Robert Lorenz
Question from seller
I have a seller who wants to know if we could roll the equity from the sale of his rental into another rental that he owns without paying capital gains. I'm not sure how or if a 1031 could apply in this situation, ca...
Drew Smith
Subject to transaction but Title Company has issue
I have a property under contract to take it subject to. When I met with the title company, whom I know does a lot of wholesale transactions, we discussed subject to's, wraps and contract for deeds. The escrow agent ...
Pavel Shemyakin
A question for lenders.
Hi, I had a question about loan assumptions. After reading through a lot of threads on BP, it seems as the general consensus is that most financial institutions will exercise alienation clause when they find out that ...
Austin J.
Taking my prelicensing courses, stumped by this question
Which does NOT describe a real property interest for a limited period of time?A-defeasible fee estateB-leasehold estateC-life estateD-life estate pur autre vieI answered A, because the time is not limited as long as c...
Craig Markhardt
Mixed Use with 24% gross income value add closed in August 2020
Investment Info:
Other buy & hold investment in Mitchell.
Purchase price: $850,000
Cash invested: $337,500
The Johnson Block is a 52,000 SF, 4 story mixed-use retail/residential property in downt...
Aaron F.
Planning for property tax increases
Hi, I’m trying to get started doing buy and hold / BRRRR investing in the DFW area, but when I use the calculators on BP there’s one thing I can’t wrap my head around, which is tax projections. With good appreciation ...
Saqib Mirza
Book questions: Real Estate by the Numbers - Dave Meyer, J Scott
Hello,I am on chapter 12 of the book and one of the exercises I must be missing a critical piece of information because I can't figure out why the answer is what it is. "What is the annual depreciation for a residenti...