Keith Morrison
Rental cabinet color
What color do you use for kitchen cabinets? I thought white but do they get destroyed by tenants? And when doing BRRR does cabinet color effect ARV? Are you guys sticking with current design trends?
Tyler Blackwell
How can I buy a house with seller financing?
Hey guys,
Found a guy through a mailer that doesn't want to "give the house away" (i.e., this is not a wholesale prospect), but he might consider an owner-financed option. He owns the property outright and collects r...
Michael Ablan
Using Cost Segregation to Claw Back Taxes w/ Corona Stimulus Bill
Hey guys,If I'm reading this correctly, within the weeds of this massive stimulus bill was a pretty interesting tax loophole....."Businesses with losses can carry back net operating losses (NOLs) to prior taxable year...
Account Closed
Can other investors steal your deal?
Disclosure: Please let me know if this topic is in the wrong forum. The following information is on a hypothetical basis that can be applied to a real-life scenario. Scenario: 1. A new investor appears, let's call him...
Rod Smith
Which would you be more interested in......A good rental property or cash in pocket?
Let me explain! I have an opportunity to purchase a 4 unit multi-family rental propery which should be a good income producing property. I am concerned a little about the rents being charged currently, but it stil...
Account Closed
Would you lend money on this deal? 10k loan on 40k in equity
I met with a seller through a pre-foreclosure marketing campaign and have been presented with the following. Using the house as security, the sellers wants a Balloon, 10k loan with 4 points up front and 12% interest f...
Gregory Massi
mold issue
I just purchased a condo last week and turns out I have a mold issue in the bathroom - seems like its only minor as its only on the surface of the sheetrock and trim but its musty smell is strong in the bathroom and m...
Ethan Field
Opportunity or BUST? Is this a possible deal?
Hey everyone, Bare with me for this long story... I just want to see what is possible and not possible with buying this home.I am currently in a negotiation with a previous homeowner who still has his name on the deed...
Charlie F.
Biggest Risks with Multifamily Investing
Hey BP- I'm a new prospective RE investor, have done my research and have capital to deploy, yet to do my first deal, but looking in Rochester NY, as Jake&Gino referred to it as the "cash flow capital of the world...
Jake Wernitznig
Help! Condo Opportunity
Hi BP,This is my first post and I'm hoping that some experts may have come across my scenario before. I have found a great 2B/2B investment condo that is tenant occupied (tenant has occupied for 8 years already) and i...