I’m looking at a mobile home park and they provided the income statement. Based on the depreciation amount listed, I’m trying to determine how much the seller paid for the property.

Depreciation amount was $60k per y...

If you are going to buy and hold, would you consider buying a property for near fmv if it still cash flows?
Obviously equity and cash flow is better, but is a property acceptable to you if it has one of the other?

Hi,

I am just starting out in REI. My strategy is to purchase, renovate, and rent through section 8. I have looked at 4 houses with my realtor. The houses' asking price range from $10k - $27.5k. I've placed a few of...

I am looking for some advice on the following code :http://leginfo.legislature.ca.gov/faces/codes_disp...Does it apply to an old building or only to the units that are built after the code comes into affect? This is a...

Hi I’m torn between the two costs for my evaluations practices before jumping in development. Idk if cost will be more $125/sqft or $165/sqft for duplex-quad development in C class areas of Chicago any help please 

Just placed two tenants in the last two days and am sitting at 0% vacancy right now. Had the two units advertised for about two weeks before finding good tenants.

Between having all units filled, we will have a posi...

Hi AllThe HOA where I am renting an apartment implemented a move out fee mid lease.  Now that the tenants are moving out, they have asked that I pay it.  Since it was not on the lease agreement, i assume I am on the h...

I hired a contractor to reroof a garage on our rental. He finished the job (mostly) and did great work. But, I made a mistake and took his word that he would have the "bagster" he used for the waste, hauled away. It's...

Hello BP family this is my first post so bear with me. So I am fairly new to Real Estate Investing just got started about 2 months ago have my LLC and team in place and growing. So me and my partner who is an agent ar...

Salutations all, I have read a few introductions to clarify what I need to put here.  I am still not sure if this is too much information, or irrelevant so I will be breaking everything into paragraphs.I have been her...