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Looked at a property for a potential BRRRR. Price is 170k with ARV at 240k. only thing here that is really concerning is the block basement. Looks like this might be an issue or might be a simple fix. Also I've he...
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The market is primed for sandwich lease option investors. People are losing their jobs, listening to the news (chicken littles), or are simply looking to cash out...selling would mean losing your shirt and pants and f...
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I know the market got slow down for flipping properties, but still I would like to ask these questions so I can understand how and what everyone is doing.
Questions for active rehabbers..
1. Are you currently activ...
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Hi everyone,This is my first post on biggerpockets in a couple years, and it's going to be a long one so bear with me! I'm looking for advice on how I should get started.Im 23 and I recently graduated in January with ...
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I’m unsure if this is a common question but Is basic leadership, risk management, and military experience sought out for investors to build there teams? If so do investors like to train these type of people to further...
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Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...
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I’m seeking advice on what to do about a mistake that my contractor made on a remodel that I’m managing from afar.
I explained that I wanted subway tile backsplash in the kitchen. The contractor sends me pictures of...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
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BPers!I'm closing on a 4 plex in a C neighborhood. Two of the tenants have fairly maintained their units but the other two have trashed theirs (hoarders). Both of these tenants have been in the units for 20-30 years...
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I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...