New BP member here. Hypothetical situation: you have a list of buyers. You can’t find any deals from prospecting. One of your personal wholesaling connections sends a deal they have under contract. You don’t want to i...
One of my units has mortise/skeleton key locks/knobs on the bedrooms. We don't have the keys to these old locks, and my tenants say that the doors have locked before, which is a concern (for obvious reasons!). I'd lik...
I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and neg...
Seasons Greetings BP Community. I am hoping for recommendations with respect to software programs that will help report to investors, track capital accounts and distributions, etc., etc. If it matters, the property ty...
Note: In the context below, I'm referencing a situation where a private lender is funding the purchase/rehab/reselling of a property with an experienced real estate rehabber/investor.
Before the lender fund...
We purchased a condo with industrial style and there is one exposed air duct in the living room. We believe the duct is an extension of air vent and can be removed without structural issues. Can anyone advise the cost...
So Id like to hear from some people that have syndicated or have raised capital to fund deals that they've either found or created. I understand that having a piece of real estate, where the numbers work, is key to ha...
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Hi again! Still in hot pursuit of honing in my abilities to analyze properties quickly and test my gut response. I'll reiterate that at this stage I'm not yet ready to jump on any one property, this is purely an educa...