Kevin Doyle
To Build Multi-Unit or Single Family Home
I've been a longtime follower of BP but this is my first post. I am just finishing remodel of my second rental (SFH) and planning for a new rental build on a 1ac lot I aquired a year ago. Currently old house and mob...
Kathryn Tooles
Is This a Good First-Time Deal?
Hello BP!
I am working on my first deal and have something really interesting on the table. Here are the specs:
2 bd/ 1 bth
1,050 sq ft
$143,000 asking price
$70,000 repairs
$300,000 ARV
This deal comes with pr...
Rich Harris
How to determine an area's vacancy rate?
Hell BP Nation! I am trying to determine where to buy a single unit rental in my area (central New Jersey) and I am trying to figure out what is the best way to find the current vacancy rate for...
Tyler Painter
Requesting a Schedule E
Hello, I am in the process of purchasing my first multi family property and ran into something that doesn't seem normal to me. From my understanding it is not uncommon to ask a seller for the Schedule E. Also my bank ...
Brian Buckingham
Question About Questions :)
Closing on my first multifamily and have decided to pay for a local attorney to assist with the LLC. I know cheaper options are available. However, for reasons I am not going to go into I have decided to pay the pre...
Felix Torres
How can I get into this multi-family without selling current home
A triple decker just went up for sale in my area for $510,000. In 2014, it sold for $260k.I think it's worth A LOT less than what their asking for.I want it, but I have NOTHING! Just about a years worth of equity from...
Briyana Hawkins
Baltimore Joint Venture Deal Explained
There’s an awesome deal we’re hoping to close on with great comps in Baltimore near John Hopkins and hot investment area. As newbies, we want to understand how to go about partnering with someone for the deal... We ha...
Jeff S.
Tax question regarding IRA
Have a friend with a huge capital gains sale in 2012. He has never invested in the market or in any kind of retirement vehicles, only RE. He has an ultra conservative accountant that offers no ideas on how to save on ...
Dakota Brown
Finding off-market commercial deals
Hi all,
As I begin my search for an off market, multifamily property here in the Tampa market, I would like to find the most efficient way go about this. If anyone is willing to share their "trade secret" relating to...
Trevor Gray
Storage Unit Complex
Best ideas and thought about putting up storage units? I have an investor that will be paying for the down payment for the loan. What is a good deal that we could make to make best of both worlds? A certain percentage...