I had a real quick question to see if I'm in the ball park. I want to buy a 4-plex and trying to get my depreciation number down. The scenario I have is if my 4-plex is worth 184,840 with land already subtracted would...

Relocating to South Bend/Granger/Mishawaka Indiana and looking to network with fellow BP members with knowledge of the area.  Intending to purchase a SFH, live in in for 12-24 months, then turn into an investment prop...

This is an absolute nightmare. The property in question was sold on a land contract this Friday. When the new owners went to the house there was a red tagged uninhabitable notice on the door dated the day before.  I n...

Hi all - I'm pretty sure we will be walking away from this deal but looking for any similar experiences? We are in contract for a triplex - have already paid the appraisal, inspection, et cetera. The appraiser reached...

Does anyone have any experience building a small multifamily in a relatively low cost of living city? Found a cheap piece of land in a neighborood with around 40 other fourplexes that are completely rented out. Wonder...

Hello Everyone,Any input is appreciated.  My father in law has owned a full service auto repair shop and used car dealership for 30 years. It sits on a one acre property. Recently the lot next to him which is 9 acres ...

Trying to determine if this is reckless or sophisticated investing....The idea is that annual percentage increases and the possibility of rates lowering will allow for positive cashflow.-A property with a 30 year mort...

not that I disagree, but he's offered to work with me so I'm making offers. So I'm just curious how much "paper" is involved in making an offer? I figured none necessarily, that one could verbally communicate it. Is t...

When it comes down to the selling and the buying of lots for houses, what am I looking for to analyze a price to offer. The situation is a seller has a 2 houses and 5 lots for sell. The houses are close to tear down, ...

I have running numbers for a specific deal that I believe will have great cash flow and a cash-on-cash return of over 27%.  Current market rents are almost half of what the going rental rates should be.  They are sell...