Michael Frank
How to divide multiple houses on the same property into SFRs
Does anyone have experience subdividing units. I'm specifically considering buying a property with a bunch of separate houses on the property and subdividing them in SFRs as I think it will result in an instant overa...
Jeremiah T.
Help analyzing 5-unit MFH
Looking for help analyzing this property. First off, I'm working to get a "feel" of the neighborhood and the structural fitness of the building and I'm not done with that yet. Any pointers on this analysis? Also, is $...
Jonathan Small
DIY or hire help for taxes?
I have 2 people that I sometimes partner with on real estate deals.I use a CPA because I have a number of rentals and a few LLCs. I understand the value my CPA provides for me in my situation.However, when should my o...
Mohamed Hersi
how to start up wholesaling
Hi so from my understanding correct me if I am wrong is to whole sale you have to get a beat up home under contract from a seller, sell it for a higher price to a buyer and you pocket the difference. So for example I...
Gerry Magrini
My Tenant Wants to Rent my Unit on Airbnb. Should I allow this?
Hi Everyone,I have a potential tenant who wants to rent one of my units for over asking, but he wants to list it on Airbnb. He was up front with me when he came to look at the apartment -- completely honest, fully tra...
Sharyn M.
Rent Credits
When working with Tenant-Buyers I've gotten some questions about rent credits and why they aren't offered when buying one of my properties. While I do offer a certain percentage towards cc at settlement it's not on a ...
Felix Ortiz
[Calc Review] Help me analyze this deal
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Adam Gleve
Illegal multi unit properties
I am a realtor in the Pittsburgh area and have been running into a lot of properties that are illegal (no occupancy permit exists) for the current usage such as a single family home being turned into a duplex. Does ...
Chad U.
Max Purchase Percentage of UPB
I'm looking at picking up an NPN for $153K, and I just discovered the UPB is $144K but the Payoff is $176K ish. The seller's BPO came in at $215K and a local realtor has given a CMA of $277K, but conservatively is wo...
John M.
Owner who doesn't want to move for 2 months
I received a wholesale lead today that looks good. The price the owner is requesting meets my criteria for a wholesale deal, but the problem is he wants to move mid-january after the holidays are over with.What do you...