Scott Le
How to Calculate ARV for flips in a buy & hold town?
I live in Tampa, which is a red hot market for buy and hold investors buying foreclosures for cheap and then renting them out. The problem is that because of this dynamic, finding comps to calculate ARV for flips has...
Connor Burke
Questions to ask my RE agent to help me buy a rental property?
I'm looking for some ideas on questions I should be asking the realtor I might work with to buy my first rental property. I am going to meet with him tomorrow and have some questions I am going to ask him, but I am lo...
Zoran M.
Private Financing Lined Up. Who buys the house?
Hi all,
Glad to finally be partaking in discussions here at BPO. Reading the various forums has been a great experience thus far.
I am looking to purchase my first REO property and expect to place my f...
David Rogers
Cash Flow and Property Taxes
Hello BP!I'm running the numbers on my first potential investment and am at an impasse regarding property taxes. With current rental rates and property taxes it seems impossible for me to cash flow unless I have a $10...
Vincent Miller
My first rental property purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,400
Cash invested: $40,500
Townhouse: 2 BR, 2.5 BA
What made you interested in investing in this type...
Melba Chambers
Wholesale deal make me nervous....
I only have one rental property as of now, so I’m still very new. I am ready to get my next property, however when it comes to buying from a wholesaler I am extremely nervous. I see so many wholesalers with “deals” bu...
Drew Clements
Release of lien form - working with contractors
I'm doing some remodeling on one of my units and trying to follow advice from some of the articles and posts on BP regarding working with contractors - most everything seems pretty straightforward, but I'm trying to f...
Brad T.
Pennsylvania Wholesalers - How do you handle transfer taxes?
I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
Tony Pellettieri
Whether or not to utilize wholesalers & Other methods of deal sourcing when scaling
When looking for properties to invest in, should an investor rely on wholesalers to present deals to them?
We typically do not rely on many of our opportunities coming from wholesalers, but that's not to say we're no...
Patrick Laffey
Can I short term rent back to back leases to the same tenant over 30 days?
Hey all! I'm a new landlord with some units becoming available soon. I am trying to rent to travel nurses mainly (13 week stays), but ideally, I'd like to keep my leases under 30 days to qualify as short term rental i...