James Rodgers
Putting billboards in my backyards?
Does anyone on here have any experience with billboards? Had an outside the box idea to purposefully purchase properties lining the interstates here in Birmingham for the dual purpose of constructing a new billboard i...
Chris Martin
Amortization of loan costs in refinance?
The IRS form 4562 provides, on line 42, for "Amortization of costs that begins during your 2021 tax year." I had understood that some loan costs would fall in this category, however, this no longer seems to be the cas...
Lawrence P. Schnapf
Tax Auctions and Contaminated Properties
Within the last three weeks, I have been contacted by successful bidders of tax lien auctions who unknowingly acquired contaminated property. They thought they were getting a great deal and then learned after being no...
Peter Firehock
Alexandria City Virginia (Washington D.C. Suburb) Buy and Hold Investment Thesis
Hey everyone,
My name is Peter Firehock, a lifelong resident of Alexandria, Virginia. I work as an acquisitions associate with BPG Holdings, a local real estate investment fund in Alexandria, and also work as a realt...
Ki Lee
Do you always need Alta survey and phase 1 environmntl inspection
Hey BP,For Acquiring apartments, is it always required or strongly recommend to get ALTA survey and phase 1 environmental inspection? The subject property is mixed use property- 30~ units and somewhat small commercia...
James Gray
Padre Island Corpus Christi Development using GIG talent (Cont.)
I have been doing a small development utilizing the GIG available talent to lower costs whenever possible. I have seen minor savings on some artwork and hiring soils engineer for the project. I also have utilized the ...
Mason B.
6 unit section 8. what to know
There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
Pat L.
A Rain Tax are they kidding
I have no PC comment!!!But we have commercial properties & that would be an interesting problem for us.Do we NNN it???https://newyork.cbslocal.com/2019/02/04/rain-tax-l...
Matt Trigwell
Price per sqft for paint while rehabbing
Hey BP Family, Just trying to gauge what other Rehabbers specifically in the Dallas area are generally paying per sqft for paint and patch? I understand its very dependent on your contractors and subcontractors and al...
Ray Hayward
Insurance Needed for 25 unit Historic Rehab
Hello, A GC partner and I are working on a proforma to determine costs for a potential rehab project of a historic building and targeting 25 units in MA.Can someone help me understand what kind of insurance we need t...