Justin Pumpr
4-plex rental income analysis
Hi all,I'm considering purchasing a 4-plex, but when I'm running the numbers I'm getting some pretty different outputs based on worst and best case scenarios. This mainly comes down to the rental income. On the conser...
Lallu Tappu
Square footage issue days before closing
I bought a house about 4 years ago and got an appraisal at around 1850 sq ft. I had recently listed that house for sale at 1850 sq ft. priced accordingly. A week after the inspection was done and repairs were negotiat...
John Guinta
2nd Rehab/House Hack
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Purchase price: $246,000 Cash invested: $20,0002 flat on the South Side of Chicago.What made you interested in investing in this type o...
Patrick Hart
Where is the gap in the Denver service economy?
Hi BP gang, First post here. I am interested to hear from all types of investors in the Denver-metro area on what type of trade or service you think has the greatest discrepancy between supply and demand? I understan...
Sean Salandy
Paying for my own appraisal for flip
Is there ever a scenario where an investor would pay for their own appraisal so they know what to sell their house for and not go through the headache of setting a price only to find that the buyer's appraisal is lowe...
Julie Chai
HOUSTON FOURPLEX ON KELBURN
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $750,000
Cash invested: $150,000
I bought this as a Buy&Hold and planned to have long term tenants in th...
Jeremy Bohnett
One Personal Guarantor in Partnership LLC?
Hi all,Just went under contract today on my first property with a business partner as a 50/50 split. A lot to sort out from here.Trying to figure out if we should go with lending in our personal names or in our LLC th...
Nicholas Pasowicz
West Valley Loan
Investment Info:
Single-family residence private money loan investment.
Purchase price: $410,000
Cash invested: $50,000
This was truly a partnering deal. We initially denied the loan due to how tigh...
Brad Ingram
Title company calculated my taxes credited wrong
Hi - Wondering what can do now. I just sold/closed on my house on Thursday (7/2/2020), so the deal is final. This morning, I was looking at my mortgage payoff and while looking at things in more detail, I noticed th...
Marc Bresseau
Appealing Taxes in Miami
I have a recently bought property in Miami that was reassessed for tax purposes for almost $300,000 more than the previous assessed value. The seller had owned the home since '92 which is why the previous year's asses...