Jose Garcia
Section 8 landlord may face felony charges
good evening everyone! I have a question which I was asked and since I'm not a lawyer or have experience this maybe someone on BP has. Tenant been in the property since 2009. She sign...
Cody James Cressey
Tax question on selling a property with a spouse that lives in EU
Hello Friends! :) My wife and I are on the title of our condo in Seattle which we want to sell in October in order to use a 1031 tax-deffered exchange for another investment property. The only caviat is that my Wife i...
Nazar Alabid
Investment opportunities in Las Vegas
Hi guys, I am from San Diego and currently looking to invest in other states where there is good ROI. Vegas and Arizona happen to be within 5 hrs driving and seem to have decent appreciation so I’m thinking about inve...
Christopher Goldie
Selling Agent Ethics
My Buyers agent and I spent the past few weeks hammering out a purchase on a SFR. Our offer of $64,000 was accepted last week and a contract was sent to the selling broker with the agreement that at closing the owner ...
Adam Furlough
Analyzing this Deal
SFH that is a potential deal.....
Purchase Price - $75,000
Gross Rents - $995
Debt: (30 yr 7% $75,000) - $498
Operating Expenses-$498
$995-$498-$498= Break Even
Putting 20% down....
Purchase Price - $75,000
Gross ...
Greg W.
documents requested by commercial appraisers
Hi, I will be refinancing my 7 unit building soon and would like to know, what documents do a commercial appraiser request to understand the financials? Would last year's tax return be enough? Or do they need rent rol...
Leandro Abreu
Reynoldstown Atlanta: foreign investor needs help
Hello BP Members.My very first BP post goes to Atlanta BP members.I’d like to get in touch with local investors and developers that are familiar with Reynoldstown area.There is a residential development opportunity I’...
Idan Narotzki
Eviction implications for tenants?
Hi All!I've just bought my first SFH rental in KS 64138, MO. There is some chance that I'll need to start the eviction process. So, I wondered, what are the implications of eviction for the tenants? Is this something...
Account Closed
Out of State Investing, First Time, Cap Rate
Good Morning,I am looking into investing in metro Detroit for multi-family properties. I live in California and have multifamily investment units here that I have had for many years. I am looking for areas with the be...
Dave Rav
Late fees during the pandemic
We are now 3-4 months into the COVID-19 crisis. Thankfully, all our tenants continue to pay rent. A few have been late. One in particular, has been provided an extended grace period at least 3 times during the past...