Kyle Madero
First possible wholesale deal. Need help.
The other day when driving around, I came across a distressed property. It looks as though the owners still live there but the place definitely is falling apart. I have yet to write a letter to send to them, but IF th...
Masashi Borges-Silva
Seeking Advice for an Off-Market Real Estate Deal in Columbus, OH
Hello,
I am seeking assistance with an off-market real estate deal in Columbus, OH. The seller is offering four single-family homes, one triplex, and one quadplex for sale. As a first-time buyer, I am finding this pr...
Account Closed
Warning - Get A Title Report & Record the Mortagage
I just learned of two properties where the borrower went into foreclosure and it was then learned he had 4 loans against each property. The 2nd, 3rd and 4th loans were told not to record and none of them had title rep...
Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...
Michael Plaks
Explained: RE Professional & K-1 syndications
Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
Peter Albert
Canton Ohio a good area for investing ?
Hi,This Deal Analysis forum is great, I'm learning a lot ! Would very much appreciate opinions on whether Canton, Ohio is a good area for buy and hold or flipping, specifically within a few blocks of intersection of ...
Jean Bolger
What do you think of this seller's Schedule E...
I was looking at a group of 4 fourplexes as a package deal. I had done my projections (yay! 50% rule) and things were looking good. Showed it to my lender, things were looking quite good. (yay!) Then, I get the seller...
Jack B.
Another pitbull as an "emotional support animal" applicant
More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole. Some applicants have as many as 3 pitbull...
Nicolas Franckenfeld
For rent-to own mobiles: Keep title in park's name or buyers' names?
Question for the BP Mobile home experts:If a park has a fair number of mobile's with Rent-To-Own / Contract-for-Title on them, should the park keep the titles in the park's name or should the titles put them in the bu...
Dan Keefe
Clark Fulton triplex- WHAT AM I MISSING
Hey everyone,So my first prospective property is going to be a house hack via a triplex (205k) in the Clark Fulton area as close to Metro Hospital as can be without sitting in the ER waiting room.With my lenders quote...