Jonathan Baird
2019-2020 Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $12,000
Cash invested: $42,000
Sale price: $91,000
House has tons of features such as a rear master bedroom wit...
Emily Forthun
Great deal until...the fed raised the interest rate
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $285,000
Cash invested: $10,000
Sale price: $461,500
SFH MLS fix and flip deal that ended with a Contract for D...
Justin Moy
2 Rent Roll Due Diligence Checks for Passive Investors to Verify Before Investing
This trick is more for multifamily where your rent roll will be a bit more extensive, if you’re investing in strip centers or retail centers you may just have a few tenants on your rent roll and you don’t have as much...
Kairaba Burson
capital gains tax!!
im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...
Adam Smith
One Furnace In Duplex
Hello BP! We are looking at a SFR that has been split into two units. It has only one water, gas and electric meter (i.e.- one furnace and one water heater). Wondering how this would work with having two separate t...
Carley M.
Pricing rent to include utilities
I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
Chris Rogers
New York section 8 Specifically Long Island
I’m going into contract on my first rental this week. It’s going to be a section 8 rental in Suffolk County Long Island. I’ve ran the numbers up and down and they work well. I’m unsure about a couple of issues tha...
Stanley H.
Seller wants a piece of the earnest money......
Guys I wanted your opinion on the situation I am facing currently. I was in contract on a duplex property on 7/9/2014. I had an inspection done on 7/18. In that inspection it came out that the duplex had common utilit...
Enrique H.
back of the garage is currently in the easement.
The survey is attached for the home. The garage is on the lot, but the back of the garage is currently in the easement.I gotthis from my realtor today on a sfh that I put an offer on and it was accepted.should I ba...
Larry Asiak
Can I change locks?
I have a tenant who has been renting for 2 years. Have had some issues, but nothing major. The second lease was for 8 months and has expired in September. My lease defaults to month to month. I have been tryi...