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Hi everyone, I am a Realtor and a Mortgage Consultant in Montgomery, Alabama. Over the past 3 years in the business I have learned alot about how the business works and what motivates people to make their decisions. W...
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I have my eyes set on a duplex 2/1 that appears to have been boarded up for a few years. Is it ever a good decision to buy property in this condition?
What would be the cost associated with gutting out the entire pro...
Hi everyone, I just received a notice from the city of Milwauke that they found a lead paint at my property. The inspection was done back in August. As far as I know they have to ask a Landlord for a permission to ent...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $78,000
Cash invested: $182,000
Sale price: $235,000
From the listing:
Beautifully renovated home in the heart...
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Hello BP,
Question regarding exchanges in following example.
Selling Price: $1,200,000
Purchase Price: $200,000 (Fully Depreciated)
Exchange Properties:
2 different properties purchased for $400,000. What is the ...
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My wife and I purchased our first house last summer. It’s a 5 bedroom 3 bathroom house and 2 kitchens. We were told before we bought the house that the house had an addition added onto it and that the additions were p...
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Hi folks, I'm really interested with seeing how many new developments are being built in Downtown, what strategies work there? How strict are HOA rules of those apartments, does anyone have real experience(positive or...
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Hello BP family, We are newbies. We are looking for Multi family unit in Long Beach, CA. Our plan is to do STR for one unit and other units for Long term rental. Our budget is 1-1.2M. What are your thoughts?
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I'm looking for help or advice. My wife and I have 4 short-term rentals in Gatlinburg, TN and are under contract on two more. We have the cash for a 20% down payment for the first one, and initially intended to sell o...
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Closing on a new-build condo in the Seattle-metro area. I reside in another state. I am looking to rent out the property for 30 day+ rentals, but nothing longer than 6 months, primarily because I need to use the condo...