Account Closed
New Construction vs Fixer Upper Duplex
We are considering building several duplexes (vs buying existing properties) and want to gain as much info from Experienced BP Investors as to the validity of our concept. We figure that if we build a new property, t...
Felicia Elliott
Purchasing Multi-family Properties
Hello, I'm curious on what the forum thinks as it relates to purchasing multi-family properties in another state and hiring a property management company to run it. For example, I live in Virginia but I'm interesting...
Ben Bakhshi
Can you recommend a guide/book to optimal tax/legal structures for rental income investing?
Where do I start reading about this stuff?
I googled for a while until I found this link: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income which unfortunately is only valid ...
Pedro Machin
Marketing according to Average Buyer Relocation
Hi all,I just sent out a postcard campaign marketing my Realtor services to over 500 people. Even though some people claim the average home owner relocation time-frame is around 5-7 years, I ran into the following stu...
Ross Markey
STR Lenders with 85% LTV (15% down)
Hey BP Community! Does anyone know of any lenders that will do a commercial loan to a LLC for only 15% down? We had 20% all lined up, but one of our partners dropped out. Thus, we're looking for a way to make up that ...
Pierre E.
300k average profit on a flip - is that real?
I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the...
Phillip S.
Upstairs tenant overflowed tub, insurance won't pay
This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...
Kathryn Stevens
Do you incentivize GCs? If so, how?
I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
Gary Alford
Do you prefer to buy Turn key properties or distressed and do everything yourself?
Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...
Sandy S Harris
Anyone Using Prospect Now??
I've come across this product, and I'm now testing it out. It's an online commercial real estate database of six million building owners, including phone numbers, mailing addresses and building details. The database ...