Jestin Sorenson
wholesaling 9 units/3 properties
I have a seller with 9 units hes trying to get rid of. 3 properties. A 5 unit and 2 duplexes. He wants 760k and he owes half of that still. He doesn't want to pay the 7% realtor commission so he called me. I'm not sur...
Jacob Seim
Estoppel vs. Current Leases
Hello Community,
I'm under contract for a quadplex (first property) in Cincinnati, Ohio. Three units are currently rented under 1-year leases and I plan to live in the fourth. I requested and received the signed leas...
Alissa L.
Plumbing issues and pandemic...
Anyone constantly having the plumber out to their rental units? Can the tenant be charged for plumber visits after discovering non flushable items in the pipes?
Robert Perkins
Rental Capitol Gains Taxes
Good Morning Bigger Pockets Faithfuls!I found a great multiy family rental, it has 7 total units and I think I can get it at the right price. My remaining issue is the tax implications of owning the property, I have t...
Mark Salacinski
Primary residence condo conversion gain exclusion
My wife and I have lived in a 2-family house together in NJ for 5 years and are now getting ready to renovate the first floor unit and then sell the whole building. We are considering doing a condo conversion first be...
Dr. sharon Gold
Limited time for walk-through
Hi all, I was wandering what are your thoughts on tight time frame requested by seller- 5 days for walk through and 30 DD. closing still within 60 days. 20 units, in a slow moving market. Broker did no answer my ques...
Jacobus Degroot
Cap Rate on owner occupied duplex
I have a buyer interested in a duplex and he intends to occupy one unit and the other is currently rented below market value. He's asking what the cap rate is and I'm wondering if it's even relevant if he's going to o...
Oshea Jephson
Any warehouse/industrial/flex-space developers?
Hi everyone,
I've been reading some posts and the language seems to be interchanged quite a bit but I wanted to see if anyone had developed any multi-bay/industrial warehouse space, sometimes called flex-space as we...
Murat Ozdo
Looking for teammate property manager
Hello everyone,
ABOUT ME: I am a non resident foreign investor who just joined the real estate market possibly in the worst time :) I am interested in Cleveland,OH. I have been monitoring the market in and around Cle...
Sebastian Scott
Seller Financing - Success Stories and Guidance Going Forward
Hello BP World!
I am an out-of-state investor, based in the Bay Area, who primarily focuses on Buy and Hold SFHs in the midwest. I was recently approached about a potential seller financing deal, which I ultimately p...