Account Closed
How does money laundering work in a real estate investment firm?
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
Greg Weik
Why aren't Section 8 funds paid directly to the tenant?
I posted this on FB also, but I think it was a TL;DR situation, and/or no one really wanted to "go there." :)
If housing assistance, such as Section 8 is designed to help tenants, why not give them the funds direc...
Amir B.
Porperty in Sacramento, CA
Hello BP Community,I just saw this fourplex on sale today. Its been on the market for 109 days. I was wondering what is a good offer to make on it?http://assessorparcelviewer.saccounty.net/jsviewer...http://www.realto...
Ellis Brown
Looking to buy my first Vacation Rental property.
Hello BP family. I am currently overseas working with the US Military. I am very much interested in buying my 1st Rental property in the Orlando/Disney World area. I contacted a Veterans Affairs loan officer to get th...
Gus Joseph
Impact of Homeless Shelter Plans on Real Estate Prices
Hey all,I'm looking to house hack a single-family house/condo in the Austin, TX area however I learned that the city just approved a new homeless shelter to be built very close to where I was looking to buy. Does anyo...
Darius Lipsey
Fourplex in rough area
I'm a first time investor considering putting an offer on a four plex that location on a solid street in what I'd call a semi-rough area, I wouldn't really want to live there, but as far as I know there isn't a ton of...
Kevin Choi
Condos as First Investment?
So I've read a lot about how condos are not good for investment rental properties because of their HOA fees and the special assessments that may sometimes come up. But are condos really that bad for being a rental pro...
Davit Gharibyan
How bad can it get...
Last year I bought a 17 unit deal in a rough part of town. I was in a 1031 exchange period and pulled the trigger bit fast, lets just say.
When you visit the area, it doesn't look bad. The streets are fine, although ...
John West
What should I do with the fourth unit?
Hey everyone. I'm looking to get some input for a property that I will be closing on in a couple weeks. The property has 3 actively rented one bedroom units. I have met with the current property manager and after inte...
Jim Herbst
Rank These Three Columbus Markets
To those actively investing in the Columbus market, I'd be interest in hearing your opinion. Goal: Rank the following markets (MOST desirable for investor to LEAST)Assumptions: Buy and Hold Investor (>10 year hold)...