I need help Philly Rehabbers!!!! BP is the best forum to find out the answer to my time-sensitive question. I am under contract with a property in Point Breeze. It has great flip potential, but not without the a 3rd ...
I have a dilemma on if I should sell a paid off rental property. Property was purchased in a section 8 neighborhood all cash for $22k including rehab back in 2011. Has been rented for $675 month and average net after ...
Does anyone here own property overseas? My siblings and I are interested in partnering to purchasing single family vacation rentals in Aruba. However, I am unsure as to what the best type of entity would be to set t...
We just got our first property and have bought it with an LLC. Do you also need business insurance along with property insurance? Please explain why if you could. Thank you in advance!
Hi there, I was wondering if anyone has ever approached a school to buy one of their non used non functioning at all buildings. Im in Ohio and we found a great building that we may be able to rezone for multi family a...
I currently live in Hoboken (07030), across the Hudson from Manhattan (10010). However, I'll be moving to LA at the end of the year. (I do not like LA. But, my girlfriend has an amazing opportunity, and I generally ta...
Hi All, I am a total newbie at real-estate investing. I am looking to get my first deal. Trying to buy from HUD auction; and I heard that HUD requires investors to have 5 years of property management experience if the...
Hello BP'ers,I had someone call me regarding a 4 unit that he's interested in selling, but is concerned about taxes and recapture costs. Property was purchased in 1989 for 165k, current market value around 270k. Owner...
Hi, I have been running a small remodeling contracting company over the past 6 months (i.e. drywall, paint, flooring, trim). I recently provided the below estimate to a GC prospect, but received pushback mentioning th...
Hi, I know that the due on sale clause is something to be aware of with Sub2 deals. I also know that people recommend that you do seller financing ONLY on houses owned free and clear.However, why is that? If people d...