John Humphries
Advice on buying a seller financed property
Hi BP community. I'm looking for some advice on an offer for a buy and hold rental property that I am looking at. It is a single family house in a coastal community in NC. The backstory: I'm from NC but live on Vanco...
Emilio Ramirez
Who buys Multi Families w/ 6% Cap Rates
I've been looking at multifamily properties on MLS, backpages, loopnet, etc and applying the 50%/2% rule to them. I've also been looking at the cap rate, cash on cash return, IRR and NPV. On the surface, none of thes...
Chad Clanton
Theft/loss responsibility during renovation, owner of or contractor?
Good afternoon BP, I've got a question for you all and would appreciate input from both the investor and contractor perspectives, particularly those in and around San Antonio. If something were to be stolen during the...
Chris Clothier
12 US housing markets getting rocked by foreclosures
I ran across this article this morning on Business Insider. It is painted with broad strokes, but it still has some data that could be troubling or encouraging depending on which side of the fence you sit. I just wa...
Tom Sylvester
Landlords... What Would You Do?
So I have a situation that will be fun to play out over the next few days, but interested to see what other landlords would do.
Tenants contacted us last week because their lights were dimming. Had an electr...
Bob Ross
Do you really need to be handy to be a landlord?
I want to buy a three family home. I am not handy at all, most people I talk to say not to get into a multi family property if I’m not handy. Is this true? Should I take their advice? Though I know other who have said...
Henry Senatore
PRO ADVICE PLEASE - my father died & left bad "tenant" / brother
Unfortunately my father had a major stroke and died recently. He left myself (executor of will) in charge and I have 3 brothers (we all get 25% of all assets). Dads house is a fully paid off 2 unit on long island in a...
Immanuel Sibero
Newbie from Carrollton, TX
Hi BP Nation!Immanuel Sibero here from Carrollton, TX. I'm an IT professional during the day and a real estate investor wannabe in the evening. My goal is to be a real estate investor during the day and a couch potato...
Brian Gao
Turnkey Investment Experience/Tips
Hi Guys,Have any of you guys completed a turnkey investment? Would love to hear any and all thoughts on the process itself and success/failure stories. I recently began considering this option more and don't know much...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...