Chris Pasternak
Full time agent part time investor... Help!
Hi guys, I'm looking for some feedback here on my situation in a nutshell.. I'm a full-time agent by happenstance because I got my license to aid my investment business in order to view my own properties and utilize t...
Adam Azam
What to do with a poorly purchased, nightmare-only duplex?
With some of my wins, came a big loss with a duplex I purchased last year. I bought it over market for $175k. I found out that an almost identical duplex next to mine is getting offers at $165k. So, I would be taking ...
Jack Anderson
Questions on depreciation and showing material participation
I know these are fairly common topics and I've done a lot a research on them but there are some points to my specific situation that I'd appreciate insight into.Background:In Early 2021 my wife and I bought a property...
Jordan Solomon
Does Postcard Design Really Matter?
I'm sure all of us have seen courses by gurus with one of the selling points being the inclusion of a postcard that gets some kind of astronomical response rate. Likewise, I'm sure we've all seen services that say t...
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Ryan Hamaker
What % should expenses be in relation to gross rents for multifam
What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...
Kevin Powell
Give me your Highest and Best . . . Help!
So my wife and I are looking at our first deal and could use some input. List price is 76,400; AVR is $140,000. House is clean and in need of very little repairs. Max $5,000. Small kitchen needs caninets and coun...
Eric Renney
Buying a home with mortgage but is past statute of limitations.
Here is my situation, I did a mail out and got a guy to call me about his home. He is wanting to sell it but the property still has the original mortgage on it. He estimates at about $250,000. The lender started the f...
Kathy Diamond
Looking for counties that meet the 1% rule
Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule. Any pointers where I can find that?Kathy
Georges A.
Case Study with real numbers. To invest or not to invest, that is the question
Hey guys, I am a new REI looking to invest in my first out of state investment property. Been on the BP forums for a few months trying to grasp as much as I can and over a year now doing daily research about real...