Christopher Camerano
Opening bid vs REO asking price
Hi All, I'm considering purchasing an REO for a primary residence. I've looked at the sale history, and this particular property had an opening bid of 175k, didn't sell, and is being marketed at 345k. I have a few...
Charles Black
Realtor located in Fredericksburg, Virginia
Howdy BP!I am an avid Realtor in the Fredericksburg area and will be jumping into real estate investing with both feet. I have a passion for learning and am on the journey, like all of you, to realize my full potentia...
Sal Bisagno
Starting from Scratch
Investment Info:
Other buy & hold investment.
Purchase price: $320,000
Primary residence - hacking: currently living in the converted garage of a single-family home built on multi-family zoned proper...
TJ Nowitzki
Buying a Property that Seller Acquired via a Subject to Deal via Charitable Corp.
Hi,
I have a deal I am looking into where the numbers make sense. The complication is that it looks like the seller acquired the property via a subject to deal.
1. Property was going through foreclosure until su...
Kevin Sapp
Depreciated Property to a charitable remainder unitrust
Tax wizards, a question for ya.I have a property that has been depreciated for 24 years, lets call it 90K of depreciation. The property is worth about 150K, I'll have capital gains after minor increases in the basis o...
Yaya Y.
Value Add Property - Appraisal?
If I want to purchase a value add 4 unit MF, and want to get an acquisition/construction loan how will the bank appraise the property? Will the bank look at the pro forma rent roll and size the loan from that or the t...
Jeff B.
IRS Scam Call
CAVEAT EMPTOR:Got a call today which skillfully deploys Social Engineering. Did not recognize the area-code so I didn't answer the call and let it go to Voicemail. The message was:The IRS is filing a law suit agains...
Anja Schepp
To Rehab or not to Rehab
Hello All! I have a condominium (1b/1ba) in Austin, Texas in a college housing heavy area. It's currently featuring old laminate counters, worn out sheet vinyl flooring in the kitchen, a suspicious yellowed bathroom v...
Elice Hennessee
good areas for du/triplex in LOs Angeles?
Hi,
I'm brand new to the BP and still very new in learning the ropes. I'm interested in house hacking and rehab a duplex or triplex, but the Los Angeles area can be really expensive. I want something in a decent area...
Roger Wagoner
Buying first Duplex, confirm rental history?
Hello, I'm in the process of making my first offer on a duplex in WA state (Seattle area). I looked at a duplex today, and saw both units. One tenant I met seemed really concerned that her rent had just been increased...