John Fortes
Cash On Cash - Syndication
When syndicating a deal, a good CoC return is considered to be greater than 10%. Are fellow syndicators aiming to achieve this as an average over the life of the deal or from day one of the deal?For example: The busin...
Alfred Miller
Real estate Hard money Lending For first time Investors in Philly
Hi My name is Alfred first year realtor from Philadelphia and also a new comer to BP. I am thinking about buying and selling real estate in the Philly area. I was wondering if Hard Money borrowing was the way to go ac...
Paresh Patel
Is there a tax deduction for defaulted loan interest not-paid?
Hello. I would like to pose a question relating to the tax treatment of Loans made though any of the leading Real Estate Crowdfunding Portals that go into Default.Many of the CF sites may reasonably be expected to ev...
Austin Anderson
First Investment Property Analysis - Chicago, IL
Hello Everyone!I'm a long-time observer and first-time poster. I appreciate all the insight and wisdom everyone has provided, and it was the motivation to push me to buy my first rental.The Property is in Chicago, IL,...
Kamran Rahman
Help- New Condo with Water Damage and Black Mold
Hi BP!I seem to have a problem. A condo I purchased 6 weeks ago, seems to have water damage and black mold. I am hoping to get the following out from this thread:1. People sharing their similar experiences when living...
Robert Espenson
Asbestos Floor Tiles Bury in Epoxy?
I am in the process of purchasing a single family house with the intent of flipping it.In the basement, there are 9" by 9" tiles across the entire 600 square foot floor. As I understand it, virtually every 9" X 9" s...
Marc Freislinger
How much would you pay...
Just out of curiosity, what would you pay for this?
4 Two bedrooms, one bath
No less than $400/mo, identical units in next building are going for $475.
Needs 20k in rehab
...
Ramon Copeland
Lock changing responsibility
I have a tenant that got a divorce and I’m signing a new lease with him and he is asking me to change his locks is it my responsibility as a landlord
Chris Waugaman
Rental Property Depreciation Tax Question
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
Christopher Smith
Roof Betterment, Restoration or Expense
Sorry this is a long one:Contemplating doing a new simple Shingle overlay on a rental property roof. In other words, not doing a tear off of the old Shingles just laying a new layer over the old. I have a guy who has ...