Sameer M.
Contractor Problems!
Hello Folks,Understand this is probably a repeat story. I hired a contractor through biggerpockets introduction. He "was" (per the public records I found out) a licensed builder in MI and I hired him to do 2 jobs (Gar...
Mark Malevskis
FHA Loan Question Regarding 75%
Hello all, I had a question about the FHA 3.5% down payment loan. To my understanding, for instance if it is a 4 unit property, to qualify for this loan, 3 of the 4 units must cover the entire mortgage. Does anyone kn...
Marcus Hendren
Like to Like
Can you roll the sale of an SFR into Ag Land with a 1031? Where is the line drawn on like property to like property? Just trying to compile as many exit strategies as possible.
Sam Erickson
"We charged a penalty on your Partnership tax return"
Hi Everyone,I received a notice from the IRS saying My LLC that has four members was charged a fee because according to the IRS we "filed the partnership return late."The amount is $4,920. ($205 per partner per month...
Joseph Cornwell
28 Unit Student Rental BRRRR @ University of Cincinnati
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,650,000
Cash invested: $440,000
I have been buying small multifamily 2-8 units buy and hold for the past 5...
Hamed Afshari
CO after final inspection passed
I bought a property (built in 1963) for $60K in north carolina from a wholesaler back in Feb 2018. I started the renovation by pulling permit from The city. Since my renovation estimate was under $30K then I put my na...
Peter McKesson
My first wholesale transaction (the start of my network)
Investment Info:
Single-family residence wholesale investment in New Hope.
Purchase price: $26,500
Sale price: $32,500
This was a nail-biter. 14 days to close - READY , SET , Go! There were 7 hot bu...
Brian Green
Massive Value Add - Renovating 20 Unit Apartment Building - NY
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Physically distressed 20 unit apartment complex with 90% occupancy. Business plan is to vacate ...
Michael Csrnko
Rezoned to allow for ADU
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $390,000
Cash invested: $150,000
Rezoned to allow for ADU and am currently finalizing plans to add a second story a...
Emma T.
Who do you use to do your rehabs
Hello All,I read one of he post here in BP which talked about what type of contractors not to use ( retail contractors and remodel) when doing a rehab. I am building my team of contractors ( painters, carpet etc.) I u...