Mike Russ
Deal Analysis - Tax Assessment Challenge
Hi - I recently purchased a rental in the Dayton area and I am looking to do more off market deals but am struggling in a specific neighborhood in my target market. This neighborhood was required to convert from well...
Kumar Gaurav
Dishwasher setup from scratch
Hello,I see all my competitors have a dishwasher in their rental unit. I would also like to install one in my rental unit. Who can help me identify the plumbing and perform full installation?Can big box stores such as...
Miles Presha
88 year old seller with 500k on capital gains
My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY
Isaac Fridmann
Do you Inspect Fix & Flip Before Contract or During Contract?
Hey BP Fam, when looking at a fix and flip deal, do you bring out your contractors, inspectors etc. before going into contract and submit an offer based on the cost of rehab with no Inspection period or, do you submit...
Shahdan Calcuttawalla
Partnership Tax Advice
123 N Shore Owned by Partner A worth $105,000123 Coffee Bedford owned by Partner B worth $55,000ABC LLC has $1500 in the Bank, Partner B 51% Partner A 49%. In company resolution is it passed that Partner B & Partn...
Siva Sivakumar
Renter vacated with rent due
Any suggestions to collect past rent due ?The tenant vacated now.if they don’t pay with regular notice I’m thinking about going thru collections.
Jordan L.
Help Please...I'm Being Sued
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
David Segal
When do you replace working items?
I have a house flipp with two fully functioning HVAC systems. They are on the older side (each at 15 years), but they both work perfectly fine. The potential buyer that i have under contract is asking me to replace th...
Vadim Lichtik
Buyer wants release few days before closing
Hello everyone!New to BP forum, heard only the podcasts and seen the webinars up until now. Great info!I'm a flipper in Indianapolis, listed a property after a long rehab (first flip of mine) and got a buyer!Buyer did...
Konrad R.
Renegotiating price on REO after bid is accepted
I know most REO's are sold as is. I"m trying to lineup an inspector and possibly a couple of contractors to get concrete numbers on repairs. I realize that things that should have been noticed through visual inspectio...