Jaimin Patel
First property advice.
I am new to BP and trying to get my first property.Price is 280000,Has 3 offices, each renting about 1000 per month total income 35,700, Class B property, reasonable chances of renting it.Expenses 9,223 including tax,...
Randy Gross
Advise with title issues
i found a great deal and i don't want to lose it. upon having a title search done here are the issues:
2008 bank files for foreclose
2011 owner later files for bk (has 2 homes only included 1 home and n...
Justin Nothem
WB-24 Option to Purchase Agreement ?s (I apologize its so long)
Hello,I will first give you back story then the questions.I have recently started to dabble into real estate. I came across an opportunity to purchase a property that I am leasing for office space. The property has tw...
Kevin James
Liable for tenant’s high hotspot cost due to internet setup delay?
My tenant wants a refund of $175 for a lapse of 4 days without internet for the cost she incurred by using her mobile hotspot. The wifi was scheduled to be set up on the day of her move in but because of a strike at A...
Ryan K.
Buy a negative cash flow?
There is a small (625 sf) office space offered for sale for super cheap ($25k). So cheap, I could pay cash! I spoke with the Realtor and found the reasons:
1) interior office, no windows, not desireable
...
John T.
QuickBooks - Using the “Cost of Goods Sold” account type
I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...
Fernando Cardenas
Help me make the right desicion please!
Hello Guys,I’m new here and was hoping to get some help to analyze this deal:There’s a commercial building that’s being developed in a great area and will be finished in October 2018. Cost of the small office I’m look...
AJ Satcher
Getting the Proper Exposure for my MTR
Hey everyone!I have a 2bed/2bath home located in Atlanta, GA (additional room for office space). I'm very new to the STR game and so far it's been doing decent, but I'm starting to feel the pressure of slow season loo...
JD Martin
What gets cleaned in between tenants at your STR?
For those of you who are running (or have a PM and know what they do) an STR, what exactly do you clean between tenants - especially when you have the single day check out/check in turnovers? Do you clean all of t...
Nick Berard
First Duplex - Added $60K in value after 8 months
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $699,000
Cash invested: $140,000
Duplex - I bought last year & moved in 1 side with my family. Seller wa...