Phil Beck
Real Estate Question
Since our options are very few for duplexes in Norfolk VA area we are thinking of Suffolk and Chesapeake. Does anyone have rental property there? If so, what is the it like there for rental properties? I heard that it...
Michelle Maloney
My first ever flip in 2017 and what I'd do differently
Investment Info:
Single-family residence fix & flip investment in Vermillion.
Purchase price: $140,000
Cash invested: $85,000
Sale price: $255,000
Massive remodel including removal of two wal...
Account Closed
Tenant Did Not Leave After Lease Ended
First property has been a fun one! Learning a lot. This time, a tenant is purchasing a house, and their closing date was postponed. Therefore, they decided to stay. Original lease end date was Sept 9. They say they'll...
Alexander F Pollock
Assuming a mortgage
What are the pros and cons of assuming a mortgage? Looking at a house that was flipped 3 years ago, owners are divorcing and looking to sell. Thought offering them some cash to assume the mortgage to me might be a coo...
Mariana Pasin
Furnished Student Rentals
Hello BP community,On the idea of furnished rentals for students, which of these markets would work best: Houston, Austin or somewhere else? (Thought of Texas because long term rentals there are good as backup plan). ...
Benson Bui
Short-Term Rental Permits Exemptions With Commercial/Mixed Use Zones
Hello everyone! I'm looking to start a short-term rental business in Portland, and I'm wondering if anyone has experience with getting exemptions for commercial or mixed-use zones in the city of Portland. What was the...
Benjamin Hirsh
MTR/STR in/around Columbus
Hello
I'm looking to invest in a STR/MTR in the Columbus area. Not a local, but have experience investing in LTRs/MFs elsewhere. Looking to start to build a team, but first would like to get a sense of the market and...
Israel Mendiola
Cost segregation for a non-resident of the US
Hi there! Do you know if it is possible to do the cost segregation and bonus depreciation if I non-resident of the US? I don't live in the US and I don't have another income in the US (such as employment or earned inc...
Mark Buskuhl
Option to Contract or ?
I have a flip property on the market that has not brought anyone who qualifies conventional (FHA sweet spot $189k). The 91 day FHA flip rule doesn't expire until late September which means the contract can't be dated ...
Marc Shin
How to prove that an activity performed was "material participation" in real estate
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...