Cody Warhurst
How to estimate the amount of debt a property can support based on desired cashflow?
Hello BP,
I think I have a simple calculation question that I'm a little stumped on. I read another (quite old) post on BP where a user stated they back-calculate the debt a property can support based on their desire...
Sean Pedeflous
Should I lower rent if I am getting lots of interest but haven't been able to land?
I'm an out of state investor and I purchased a duplex in May (Fayetteville Arkansas next to the college). I hired a PM to help find the tenants and do showings. We were not getting a ton of leads and I quickly realize...
Bret Clayborne
How is the deduction for Depreciation handled
On a buy and hold rental property the purchase price was less than the value of the land itself. How is this accounted for taxes purposes (i.e. Depreciation) j
Treven Jennice
New member, questions
Hello, new here and have some questions for you all.I'm looking to get into multi family homes / duplex housing landlord, or to actively live in one side and have a roommate for the other side. I have a lot of questio...
Dmitry Feldberg
General partnership agreement lawyer and cost
Hello wonderful community! My wife and I are about to purchase a 2nd STR property and are partnering up with someone. Should we use a lawyer or can we use a template? I called a local lawyer in Brooklyn NY and they ga...
Christopher Coleman
I'm new. I think I found a pretty good deal?
Good Morning,
I was speaking with an owner. The owner is willing to sell the house at this point. The owner said he will warrant the electricity, plumbing, septic/water line, and air conditioning in the contract.
...
Bob Prisco
Why are there so many " tire kickers "
So I have noticed many go to "guru " meetings, spend 1ks and 1ks , research things to death, ( wast of time ) have cash but never do a deal, why ?
Bennie Leija
Realtors Are Lacking Skills In Customer Service
I am frustrated with the work my realtor is presently doing. She is managing 2 of my properties ($900k and $700k). Under contract.
The reason I am disappointed is for 40 days we have had these 2 properties on marke...
Kyle A. Isaacs
Repairs added to sales price
Good evening BP community! I'm running into somewhat of a dilemma while making an offer on a SFH and wanted to throw it out to the community. Essentially, my agent and I valued a property (based on comps and psft) to...
Account Closed
Homesearch Auction
BP,
I'm looking at purchasing an REO going to action on Homesearch.com. It's a 4/4 duplex that will need some moderate rehab work done (about $37k), but it's on a pretty decent block. I'm confident in my ARV calcul...