Stacey Mollinet
How to stop getting calls about selling my properties?
I have properties in Cleveland, Ohio and get many calls and texts every day asking if I am interested in selling. I am not interested in selling! Before I sold other properties in Cleveland, I spoke to a few of the ...
Joshua McFarlin
Mobile homes park investor start up
Trying to determine the best way to value a mobile home park. Cap rate or income? Or any other options.
There was a great article in here a few years ago but was hoping to get prospective from someone doing it, to...
Samantha Lotti
Letter of interest to landlord
Hi all! I have found a property that I am interested in. The property is not up for sale, but after some research, I have found that the owner is behind on property taxes. Also, the owner lives out of state. I am ...
Asia Coleman
Fix and flip mobile home
Hi BPI am a beginner in the wholesaling/ rehabbing business. At this time I just want information on making smart decisions. As a beginner and getting my feet wet, would you think purchasing a mobile home and fixing i...
Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
Hey all,I'm looking to buy my first multifamily property and I came across a deal that I love the location of, rents are way under market, and I can afford. Here's the question: current owner is unwilling to allow l...
Shiloh Lundahl
4 manufactured homes package - could be my best deal this year
I found a property off of Zillow in Casa Grande, Arizona across from one of the homes I just bought at the end of November. It was on the market for 53k but I thought that I could rent it out for $650 or $675 and that...
Dwight Walker Jr
Marketing House under contract
What if I have found a motivated seller, and I have the property under contract, and I begin to market the property to end buyers. Let's say I have the property on my website, Craigslist, and the newspaper. And it ...
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Tax Lien Investing
I've been reading up on this, and have become very interested in it. It looks to be rather inexpensive, in terms of most real estate ventures, and the risks look very manageable. Has anyone had any experience with t...
Robert Howard
Mentor wants to sell me one of his houses.
Hello BP ProsI need a little advice. I have a mentor who has been helping me price my offers and has showed me a lot. He is moving up to higher properties and wants to sell over his lower income properties. He has a...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...