Chip Stroz
Question on commercial property listed by a broker
I recently ran across a property that was listed by a broker. It was built in 2019, and it is listed as a .70% cap rate. It is only 43% occupied. They gave the proforma, and if ALL the projections of that proforma ...
Dan Leyden
Section 8 inspection
Hi All,I'm new to section 8. They canceled the first two inspections and now I'm running out of time if there are any issues. The house is located in CT. I've looked everywhere but I can't find info on two things. Fir...
Douglas Murray
Thoughts for a New Investor?
I am at the very beginning of my investing journey. I have a little bit of money invested in cryptocurrency and stocks (less than $5K). I am currently listening to audio books on crypto, stocks, investing, and persona...
Andrew Duclos
FHA home inspection?
Hi all! I’ll be making my first multi-family purchase soon using an FHA loan.I’d love to hear feedback about the FHA home inspection process.Some of the main things I’m wondering are...Does the inspection cause any de...
Jack B.
How to deduct for this damage?
Tenant has yet to move all their stuff out, but so far while giving tours I've noticed the following (based on my before pictures compared to how things are now, I took a few pics of damage while walking through so I ...
Douglas Hendry
Buying cheap property in the US
I'm based in Sydney, Australia and am interested in seeing so many cheap as chips properties on eBay. Has anyone ever bought one and what was the experience?
Michael Wu
Lead Paint Issue
Good afternoon all BP Users:
I currently have a contract that I can sign tonight for a house built in 1930. The exterior is wood and the wood seems to be chipping. Has anyone had any issues with lead paint? I...
Stephen N.
Cutting pre made formica countertops from Home Depot
I plan on buying the pre formed formica countertops sold at Home Depot for $100 per 10 ft.
Are those pieces hard to cut without damaging the formica?
Alecia S.
Lead paint / Asbestos concerns
Hi I have found a property that may be a good deal. However it was built in 1946 and I am concerned about lead paint and asbestos. Most of my properties are less than 10 years old. Is this something I should be concer...
Jack Bingha
Interior Lead Paint
My pregnant wife and I were in the process of purchasing a two family home. This is our first home purchase. We had a professional lead test and it turns out that all the walls have lead paint (which is completely pai...