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I've never done a subject-to deal, but am working a possible opportunity for one. I put the information below. Just looking for anyone's insights or if they think I've missed anything. Thanks!Scenario: Potential se...
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My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...
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Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
So I am looking for a new general contractor and/or subs to make sure I have a back-up and a back-up to the back-up if need be for my projects that need rehab.I vet the ones that seem like a good fit from as many reso...
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I've been trying to get heavier into commercial real estate for ~2 years now. To date I have done 2 commercial deals (1 office and 1 medical) but both came from commercial brokers, and in both cases I was competing wi...
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Hello, I am looking to buy my first rental property and of course I am priced out of the New York City and Hudson Valley regions. Was wondering if anyone had any advise on buying in Bighamton or Syracuse? My father is...
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I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...
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Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...
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Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
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Hello. I have been lookin into pulling the trigger on deals in Detroit that are already occupied. Seems like automatic cash flow. But seems too good to be true. And super risky. Anyone in Detroit with any info?