Daniel Sweet
Flip or BRRRR - Foreclosure Property
I recently purchased a bank owned foreclosure, sight unseen, from an online auction and things got interesting from there.This property is around the corner from a duplex I own, and the numbers work great for either a...
Brian T. Grooms
The Little Daisy Hotel Mansion
Investment Info:
Other other investment in Jerome.
Purchase price: $2,100,000
The Little Daisy Hotel. Originally built as a hotel in 1918 to house the labor force of The Little Daisy mine in Jerome. Met...
Rudy Manna
Vacation Rentals in Seattle
I have couple regular rentals in Seattle area. I am getting 6%-8% cash flow cap rate. I am thinking about converting those to vacation rentals in AirBnb and elsewhere. Eventually, I will add a few more to portfolio, a...
Eric Bradeis
Can a house hack be profitable?
So I'm looking to purchase my first property with the intention of house hacking using a FHA loan. Looking at 3 and 4 plexes and I finally found one that I really really like that has 3 single bedroom units that my fa...
Abhijit Joshi
Pros & Cons of De-Converting Condominium Into Apartments
Hello Everyone,I am about to close on a 1 bedroom condominium and I got a letter from the seller saying that a company wants to De-Convert the building (consisting of multiple condos) into an apartment. From my unders...
Susan Brown
Sell or Keep, Can't Decide?
Hello,I've tried to decide, but am struggling. Any input welcome.Should I sell or keep my primary home? Spouse was transferred about an hour away. Closing on a home there in a few weeks.
Owe 18,000 + 6,000 HELOC. ...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Eladio Perez
Dead lead or potential deal?
I saw this house boarded up and placed a sign that I'm interested in buying cash ( I'm a wholesaler). He called me yesterday and in went to see the property. This is in Providence, Rhode Island, south side by Broad St...
Amit M.
Remodeled 2Br/1Ba apartment- what amenities?
I have a triplex in an expensive urban market (San Francisco) where I'm remodeling the flats. They are about 900 sq ft, 2/1's with some nice Victorian features. It's in an up and coming neighborhood, where my tenan...
Yori Dean
Is Wholesailing Still A Thing
Hello forum! I have a few buyers in the area and wanted to know if wholesaling was still legal. I am not licensed. I just wanted to ask before I start making calls!