Luis Ramirez
What are the red flags to look when buying a house to flip or rehab?
Hello everyone,I am a new investor and I recently have been watching a bunch of netflix shows that do home remodels, that got me thinking about what if I can look into doing that or at least try to learn a little more...
Joe Ausmus
Wholesaling with tenants in the property
Hello BP community!I would love to get some feedback on how to structure this deal. The seller has existing tenants in a lease that he does not want to break, 6 months left on the lease. I don't want to put anyone out...
Peter Duncan
Passive Activity Loss (PAL)
If one qualifies for the exception to the Passive Activiry Loss (PAL) due to Modified Adjusted Gross Income (MAGI) at 100K or under, can he/she deduct rental losses where no rental income existed that year?
Franklin Romine
Anyone famillar with..... Auctre.com
Auctre.com is new to me. I found a property that is located near me. Curious if anyone has used the site?Frank
Ryan Shekell
Base flood elevation concern
I’ve made an offer on a home in AE flood zone that has a finished lower level. Is there a rule of thumb when offering on homes that are below the “top of the bottom floor” level. Is this a major red flag? Any advice i...
Daniel Sabato
What Deferred Maintenance do you avoid at all costs?
Are they any types of deferred maintenance on properties that you won't go near? Whether it be an old roof, old water heater, etc; What are some major red flags for you to avoid a deal and focus elsewhere?
Matt Kistner
Buying property with cash
Hello Everyone,
Could someone please provide insight on purchasing property in cash? There’s a house for sale by owner for cash only listing price is 39k 6 room duplex. Does this raise a red flag for the owner not ...
Jeff Carroll
Landlord Reference Issue -- Is This Common?
I had a very good potential tenant family for one of my properties apply today, and I ended up losing them to something I never would have thought of. Their current landlord convinced them to stay after he got my ref...
Cole Allen
First property… foundation issue?
Found a great deal but I did notice a crack in one of the walls probably 20-30 inches long and a spot where it looks like there may have been a leak at some point. Automatic red flags? Or how could I determine if it’s...
Cara Ann Lehner
looking for opportunities in Gulfport, MS
My husband and I are looking at buying some properties in Gulfport, MS for STR's. Is this area a good area? Any red flags or things to watch out for? The area seems nice with small-town atmosphere and not too touristy...