I have a townhome in Arizona that I'd like to AirbNb. Called the HOA to make sure it would be legal. They said they don't *want* that type of rentals in the community, but when I asked them for specific guidance in th...
Hi BPs, I'm looking for feedback, please. This is for a property I saw a few weeks ago, I'm trying to check my guesstimates.What would the approximate cost be to replace an entire flat roof in Chicago? Assume a typi...
I have a chance to purchase a 12 unit apartment building in another state. It would be my first investment in real estate outside of a residence and I do not have an LLC set up.Should I set up an LLC or would a sole p...
My partner and I started a LLC in January 2023 with the intent to purchase an investment rental property. But 2023 interest rates soared and we couldn't find a deal that worked. In the process, we did incur expenses...
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
I just entered into contract to sell my investment property that I purchased on June 2, 2015. The profit is in gross terms $240k, but with write offs, commissions and transfer taxes, I think I can reduce the capital ...
Hello BP! I'm trying to put a 30 lot MHP under contract, but the apparently the city will not allow new mobile homes to be placed in the park. This includes replacing an old/ugly homes with new/newer ones. I have the...
Hello Everyone
I'm looking to buy a standard lot which is a buildable (as far as county says) has it's own address, is zoned single family.
The wetland on it is isolated and there are many houses around the lot, the...
Just got a question from a prospective tenant and wanted to know what you think. He's a college student and receives his student loans in August and January, so he wanted to know if he could pay four months' rent at a...
Hi all, I own a 4-plex in an area where people like to always hang out in the street and for some reason some of them always hang out in the front of my property even though they don't know anyone that lives there. Th...