Greetings BP Community - It's with great pleasure I make my first post.
I am fortunate to have just received an offer to join a well-respected RE Dev Shop here in Nashville, and as such, am looking to purchase my fir...
Looks like we are going to successfully close a deal with tenants in place. One unit has a long term Section 8 tenant. We have never done Section 8 so I am wondering what happens when we acquire the property. Does i...
I'm getting some grief from the local Housing Office due to their failure to understand complex real estate title holding strategies and the IRS TIN Matching program.
1) The Housing Office wants to know who the owner...
Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
I had a contract on a unit in Cocoa Florida at $13,500. A friend was going to loan me 100% of the purchase price at 6% with no points. There was no rehab needed besides a good cleaning. It would have rented anywhere f...
How much does property tax affect the arv on flips. I am located in Long Island and looking into a sfr with property taxes of 11k per year. That is about 20% higher than the comps in the area show. All other numb...
Originally I wasnt going to worry until we close in two weeks hopefully. First, the #'s on the duplexTax assessed value- $175000Appraised value- $163400Purchase~ $156000The reason I'm asking now is if we close and the...
Question for those with multifamily properties: My energy provider (Duke Energy) has always classified the "Master" accounts for my quads as residential meters. The Master account being the one that controls the hallw...
Hi all,Four our rental property we have used the strategies frequently posted on bigger pockets to locate and screen appropriate rental candidates. Now we must make our selection from the cream of the crop who have me...
I'm a Nashville resident, and I'm hoping to buy my first home and house hack in the next year or so. I'm open to both long term and short term rentals, but am leaning short term rental because it seems more lucrative....