Timothy VanWingerden
Questions about inherited tenants
Am I able to bill an inherited tenant for damaged incurred in the unit? I'm thinking if there is no paper trial that the unit was in "such and such" condition, I will not be able to charge a tenant for damages incurre...
Hamik Aghanian
Cost to attend HOA Meetings
I have a noisy tenant with a sensitive neighbor that just can't seem to get along. The neighbor keeps complaining to the HOA and I get called into board meetings. The problem is that I live 50 miles from the propert...
Kaaren Hall
Invested in a House with Your SDIRA? Remember to Keep a Cash Reserve.
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
J Hurwitz
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
I'm looking to take the plunge and make my first investment in a multi-family propert...
Matt Cupp
Fair Private Money Terms
Purchase price is $83,400. Rehab is $8,600Total investment is $91,000.ARV is $115,000 - $120,000Would clear $111,000 - $116,000Profit between $20,000 - $25,000Turn time should be 90 days closed. I have 50% and borrowi...
Account Closed
Offer price and Exit Strategy Question for Shortsale / Flip in MD
Hello BP
I’m evaluating a short-sale opportunity in an upscale neighborhood of Montgomery County, Maryland and I wanted to seek your advice given the following facts:
1) 5500 sqft 5 bed 6.5 bath SFH, taxed assessed ...
Kenneth C.
Practical/Impractical Request by Seller?
BP Community,I'm looking to get some feedback on what I perceive to be an impractical request, and may put me at risk of losing a significant amount of capital. So here's the scenario...An AOS was signed by all partie...
Chris A.
Capital Improvements or write offs
Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...
Dan Sheeks
Is the 5% cap ex benchmark too low??
Has anyone else discovered that a 5% cap ex estimate for expenses on a rental property is too low? Perhaps way too low? And if it is too low, then your cash flow projections are off and a $200 monthly cash flow could ...
Aran Shinaar
Average SFR expanses in Georgia
I noticed a couple of higher than average expenses in my monthly report (locally managed SFR in Lithonia GA):1. Deep cleaning and sanitization (COVID19) - $4002. Removing trash and debris (after tenant leave) - $2503....