Jeff Wallenius
Analysis Paralysis-Flipper looking for long term holds
First post so here goes! I've spent a good amount of time reading through posts here on BP and I'm truly amazed at the levels of wisdom and knowledge that everyone is willing to share. I have been flipping homes on ...
Luke Grossmann
Separating insurance and taxes from escrow
Hello BP, I'm about to purchase my first rental property, and I'm considering not using an escrow account to pay my insurance and taxes. Below are the factors I'm aware of, but I welcome any and all thoughts on the ma...
Chris Seveney
Spend the $ Get an Attorney
Recently I have seen numerous posts from individuals asking for generic copies of contracts, legal advice and how to resolve conflict resolutions on BP. My advice to everyone is spend a few hundred bucks when your per...
Howie Baker
Understanding a term on a commercial property Income Statement
I have received an income statement on an apartment building I am looking at after requesting the trailing 12 months Income/Expense statement and rent rolls. All they gave me was for October, 2018, but it does have a...
Joseph Savold
New Investor Looking for Advice on Developing Investment Strategy
Hi all! My name is Joseph and I live in Honolulu. I have been interested in real estate investment since I read Rich Dad Poor Dad in high school, and now I finally have a full-time job to fund my endeavors. I found th...
Jun Ku
Looking for Turnkey companies in Milwaukee and Indianapolis
Hi everyone,I am a newbie investor / licensed attorney located in Chicago.As my first real estate investment, I wanted to go safe and purchase a Turnkey property in Milwaukee and Indianapolis.I did some preliminary re...
Jawad S.
How can I find free/cheap Pre-foreclosure lists with the owner(s) contact number?
How can I find free/cheap Pre-foreclosure lists with the owner(s) contact number?
-Thank You!
Jake Baron
Tax incentives for small multi families
Hello!Two part question: Would somebody mind providing a brief overview of the tax savings of purchasing a 2-4 multi family in the first year of purchase as owner-occupied. For example: If my W2 income is 100k and the...
Maria D'Aura
Qualifying renters - do you look at DTI?
When evaluating tenant applications what minimum requirements do you have?
To qualify for a mortgage debt to income is talked about a lot, but not so much for renters. Do you take that into consideration?
Frankie Felix
What to do when you have difficult inherited tenants?
I took over a multi family (24 units) back in December, problems started since day one.I posted notice to make payments to and my contact information. I got numerous complaints, saying I only gave them 5 day notice of...