Dan Bowe
How common are $2m all-cash offers these days?
I'm bidding on a 40 unit complex in the Midwest. Asking price is $2mm.
Property is on the market for a short time. Broker asked for B&F offer by tomorrow and said that he has two all-cash offers around the asking...
Bob Denkers
Selling my 2 houses on 1 lot separately - ADU
Hello, I have 2 houses on 1 lot, Main house is 1600 sf 5 bed 21/2 bath, 2nd House is 2 bed 1 bath 800 sf. Both on 1 lot, no garages so i cannot split lots without building garages and lot is too small for that, The...
HJ Wang
Rent distribution to partner. What expense is it
Hello, i own a rental with another person. I collect the rent and send half to her. I sent her a 1099 for all the amount I send to her. But Im not sure where to enter this expense in my tax return. I only see specific...
Joe Dingee
Is seeing half of a duplex for sale common?
Hey everyone! I'm new to this and recently started learning to analyze properties. I'm running into quite a few duplex properties that seem like only one half is for sale. Is this common?
DeJarian Dickson Graham
Is it common for investors to use a flex clause??
Hi everyone, maybe a vet can help answer my question.. Is it common to ask a seller for the flex option basically tying up the property with the right to purchase or assign and allowing the seller to terminate their ...
Andy Wilson
Home owners exemption
Hi BPs,Can you apply for home owners exemption with an investment property even if you never lived there? I guess the answer is no, but just wanted to know if the common practice could be different from my common sens...
Account Closed
Where can US citizen own property outside the United States?
Where can US citizen own property outside the United States?
I've googled it. It doesn't seem to be an easy question to answer. Is there a complied list somewhere? I know Belize is a hot item right now. I ...
Nana Sefa
Multifamily purchase - common mistakes
What are some of the common mistakes people make when purchasing their first small multifamily apartments? What do you wish you had done differently?
Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
Jonathan Orr
CAMs from a commercial property manager perspective
Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...