Bill Coleman
Evaluating deals in Denver: what's a realistic NOI?
I have been analyzing condo and townhome deals for the last couple months in Denver metro and I am having a really hard time making the numbers work. I am looking for a little advice from some seasoned pros as to w...
Jessica Lambert
Advice please! Tenant that won’t get out….
I have a rental home in Waynesboro PA. The tenant has not paid September or October rent. She has been on a month to month lease since March. I have a strict no pet policy and she had multiple animals in the home that...
Diem Tran
Commercial tenant screening?
How would I go about screening prospective commercial tenants? I tried searching this topic on BP but so far, haven't found a discussion. So does it not exist or is it no different than residential tenant screening,...
Steven Rubino
Second Flip - DONE! With Before & After Pics!
Hi Everyone!So my partner and I just completed our second flip! (I posted about the first here: https://www.biggerpockets.com/forums/223/topics/617056-very-first-flip-complete )Another single family house in the subur...
Cory Smith
How to Structure a Home Purchase with Two Couples Buying
My brother and I and our wives are considering buying a house together in the Tempe, AZ area. My wife and I would be living there seasonally, and my brother and his wife would be living there year-round. It will be th...
Mitch Kronowit
Don't want to use agent's inspector for REO.
We just entered into a contract to purchase an REO in a neighboring county. I found the property myself and contacted the listing agent directly. Apparently, she's a teammate with another agent who she assigned as my ...
Ben Leybovich
CLOSED on a 98-unit TODAY!
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
Account Closed
The Annoying "mortgage interest" write off
Recently I've heard (or seen) some real estate guys preach and preach and preach about how keeping mortgage debt is good because you don't lose the mortgage interest deduction. This is very misleading to a new invest...
Matt Leonard
Trumps New Tax Plan, Does it hurt RE Investors?
While its only a couple hours old, everyone probably hasn't had a chance to fully digest it, and isn't finalized... does this new tax plan help real estate investors? A couple key areas that have me concerned;Let me ...
Darryl S.
Property Basis Calculations
Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...