Luke MacDougall
HELP - Cannot finance property because missing plumbing. Need advice.
Hi Everyone,I'm looking to purchase my first property and have run into an issue with the financing. Some of the copper plumbing for the 2nd floor bathroom was removed from the property. Based on what the agent is t...
Deangelo Mack
Contractor assisting my first wholesale deal
Hello BP family. Is it uncommon to ask a contractor(s) to walk me through my first or second deal just so I can kinda get a feel for eyeballing things that need to be repaired?
Christina Traffanstedt
Best financing options for buy and hold?
Hello BP community! This is my first post but we have been going around and around on this so I figured the forums might be a good place to find an answer. I know there are tons of fix & flip hard money loans out ...
Ben Lod
Opportunity Zone Questions
Hi Everyone, It turns out the house I own is in an economic opportunity zone. It was purchased in 2004. What are the tax implications? Thank you!
Michael Crist
Help Understanding Appraisal
Hello! I’m pretty new to real-estate investing. I have one property that was silly easy to work with because my partner got it from his family a decade ago for a fraction of what it goes for today. I’m looking at gett...
Matthew Wright
San Francisco- Multiunit building- legalizing 3rd unit
Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted. I do not want to turn i...
Debbie Mayerson
Mobile Home Park Investing
I am researching mobile home park investing. After many months of learning and reflecting, I have narrowed my REI niche to commercial multi-family and I have landed on mobile home parks. Is there a mobile home invest...
Ed L.
Capitol improvement effect on 50%
I've been thinking over the 50% guideline and have spotted a hole in the analysis.
Say for example there is a house for 50k. House rents for $800 x 50%=400. P&i $300 and $100 cash flow. Good deal right?
No...
Alex D.
Need advice - what to do with my properties?
Hi BP community. I’m hoping I can describe for you my situation and see if you agree with what I’m considering doing. Any feedback and advice is welcome.
I have been buying rental properties for about 15 years here i...
Julio Gonzalez
Key Items for a Successful Q4
We are now in the fourth quarter of the year and with the uncertain economic circumstances, it’s crucial to have a firm grasp on your business’ financials. Here are 7 tips to take advantage of in Q4 to help successful...