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I`m a total newbie so I have some question after reading and listening to a lot of materiel here and on the web. 1) what do you look for in the due diligence process of buying a performing note?2) what discount should...
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Hi,My property is in Atlanta. we have a water main meter(8in) and getting 9000$ permonth for 64units property. I know which is very high, my property is listed as non residential as per water company since meter is 8i...
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I have a short sale I just rehabbed and put on the market that has a 90 day flip restriction that we signed on the short sale approval letter. We have 60 days left on this window. We do have a cash buyer that wants th...
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Tell me if I'm wrong...
Our company has approximately 1,000 units under management, and we have a couple of our smaller clients that we have that present concerns with having tenants on month-to-month leases. I'm sur...
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Hello fellow BPers,
I am looking at a triplex and duplex in the Pittsburgh area. During my due diligence of property evaluation I ask for copies of current leases and to my surprise (maybe not so much a surp...
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Hey all, I thought I'd seek the advice of people much smarter than me regarding this potential scenario...I recently came across a property in an up-and-coming area, where the current owner is a mentally handicapped o...
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A Little background on me first:
I do some buy and hold, and I occasionally do a flip, but primarily I like to wholesale. Recently, I’ve gotten to the point where I am comfortable not even personally meetin...
Hi All,I am trying to take the time to read some books, read the forums and get myself started as a real estate investor!Foreclosed properties have obviously peaked my interest as they are often a cheaper often. I wou...
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We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
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Hi everyone, my first post here.
I'm buying my first home and it's a foreclosure. Been empty for a year and only on the market for 5 weeks when I put a offer on it. We went under verbal contract Oct. 18, then under...