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I'm interested in investing for high cash flow (getting 20% cash on cash return and up).Unfortunately this leads me to less than desirable areas. In my case the areas seem relatively safe (C neighborhood, low crime- ...
How do I figure out a final sales price, after rehab, in an area with little to no comps? Would I find other ranches in the area and figure it out using price per sq/ft?I’m trying to use the sales price to figure out ...
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A friend of mine has recently bought a rental SFH in Fresno and he mentioned that the rent is pretty good (1.7k for a 270k house) So I'm doing some researches for Buy-Hold strategy here.I read some info that Fresno do...
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Hi Folks,
I want to thank everyone who contributes to this board. I have found the information to be very helpful in understanding the business and really appreciate it. I am interested in buying residential REO pr...
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Just curious what other landlords out there are paying for their CPA every year. I file under an S corp with about 23 doors and a flip or two a year with only meeting with my CPA once a year. His charge seems to go ...
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It seems like a simple process and a win win for investors, but does this product really exist for an investor. I spoke with a mortgage broker in AL several months ago who indicated you can't use this product for pro...
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I recently closed a deal using 1031 exchange. I was wondering when it comes time to sale how is the IRS notified? It's not like there is a tax lien on the property is there?
If the 1031 originated in a state with in...
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Hey BP Fam!
Warren Buffet recently did an interview (seen here) in which he gave this interesting quote: ""Apartment buildings are another asset that Buffett wouldn’t mind owning at the right price.“[If] you offer ...
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Hello all, I need your advice. I am in the process of purchasing my 3rd investment property. This will be a single family home for our son to rent from us. We are under contract and in our 10 day inspection period...
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A quick question for working agents. I am currently a remodeling contractor in California. I am thinking about starting a handyman division of my company to handle smaller projects. As an agent, would a honest, reliab...