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Evening BP’ers,
Does anyone have any experience with c class multi units? I found an 18 unit in an area starting to gentrify. Is it fair to assume 25% of gross rents should be set aside for expenses and cap ex? Maybe...
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Hey Everyone! I've been studying up on real estate investing for about a month now, its an interest I've always had (growing up with my mom being a real estate agent), that I never considered pursuing until now. I hav...
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I have the chance to purchase a six-unit apartment property from the father of a friend of mine. The opportunity is a great one - the building is in good shape with minimal deferred maintenance, solid rental occ. hist...
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Hi BP,I've heard too many horror stories on property management companies that are not doing their job properly (i.e. do not provide best advice on hazards, termites, do not try to save money when it comes to minor an...
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Hi, I have an opportunity to help out a friend and I want to know if I am risking too much. My friend owns a condo in San Francisco, worth around $900k. She says the total due on a primary and HELOC on it are about ...
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After 3 years, IRS has figured out that I owe they some money. They send me a tax bill claiming that I owe them $500 from 3 years ago. IRS is claiming that I made and didn't declare capital gains in 2010.
I a...
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We are looking at closing soon, barring a catastrophe, on our first investment which we intend to flip. We plan to purchase the home outright with a HELOC we have out currently with plenty of access to funds left ove...
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Hello and good day all, Been a while hope all is well. Market has been pretty busy for us in southeastern mass . the reason for my inquiry is that I am in search of counsel for a issue that I am undergoing on my ow...
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Hello! I'm looking to purchase my next investment property out of state (in Oklahoma) and would like to purchase it in an LLC. I currently live in Arizona. Should I form the LLC here in AZ or in OK? I'm also Active Du...
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Hi,
Looking for some advice as I am putting together my first probate mailing campaign. I have access to the information online via the local clerk of court's website. What I am noticing is that some of the succes...