Coco W.
Help me get out of this bad investment
Ok BP, I have a sticky property I'm not sure what to do with. This is my first time asking for help so bear with me.
My mother had purchased a house in Houston 3 years ago at an inflated price (around $100k cash), i...
Mark Paup
Buying Multi- Family unit
Looking for advice on 12 unit apartment. What should I budget for Property Management Fee on a new purchase? I know that the fee is 7%, but what about budgeting for turnover? Thanks,
Alan Asriants
Stuck in analysis paralysis? Consider this
Timing the market is nearly impossible. Many investors try to time the market by waiting for the perfect deal or waiting for the market to hit a low before they invest. However, it's important to remember that no one ...
Rasheed-mass Ali
Fellow Investors, do you know of any Sharia Compliant Lenders?
Hello,
I'm an investor out of CT. My partner and I have 3 properties that we are in possion of and desire to do 6 deals by end of the year.
I'm looking to find Credit Unions, Lenders etc that provide Sharia Compl...
Artia Jones
Newbie in wholesaling pre foreclosure
Hello everyone,
I’m new in the wholesaling business and found high interest in pre foreclosure properties. When viewing the details of a potential property I can wholesale, and there is an outstanding balance the hom...
Mike Gehard
Tax writeoff for travel?
Hello all!I'm looking into investing into a commercial syndication in the southeast.The question I had is if I take a trip to the city of the investment, is the trip tax deductible?Does the deduction depend on the rat...
Nikolas Engel
Renovation cost in P&L
Oh boy, I am confused:I was looking at a P&L statement of a 40+ unit MFH and noticed that seller did not include significant renovation costs to update units each year in the expense section. Those expenses were l...
Natalie Kolodij
2 Duplexes, 2 parcels, 1 loan?
Hey guys , I've been looking for a 4 plex to house hack and had a wholesaler bring me a deal I like- but it's a little weird. It's 2 duplexes right next to each other, great area, 2 different owners, they share a driv...
Aaron Mazzrillo
Which do you choose?
Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account to...
Roger Simons
99% of houses are not optimized for house hacking. They need a makeover.
The ultimate house hack maximizes the space. In my area rents are about $500 for a 100 sq ft room. The problem is a typical house only has 3 bedrooms and its probably 2000 sq ft. That's pretty ridiculous....$1500 f...