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Hello BP Pro Investors!I am a relatively new but passionate real estate investor in the South East Michigan metro area! My quick bio: > 25 years old, moved to Michigan from California in 2012 to become a full-time ...
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I have a seller who wants to sell me a large portfolio of houses, he will owner finance the entire package. His big concern is that he doesn't want to get hit with capital gains. Any suggestions?
If a managed property falls into complete disrepair and suffers a roach infestation with such a magnitude that every fixture and cabinet needs to be completely replaced, due to roach feces, where does the property man...
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If I sell my renovated bungalow inside a year of purchase, it's my understanding the 1031 exchange allows me to avoid high tax on the profit made due to the fact that the profit will be immediately invested in my n...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $94,900
Cash invested: $28,162
We just picked up this 3 bed 1 bath home in Hampton and are in the process of flippi...
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Investment Info:
commercial investment investment.
Purchase price: $190,000
Cash invested: $200,000
Sale price: $470,000
Purchased 4500sf steel frame office building, 1974 build, used by dentist...
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*skip to the last paragraph for the question, but reading the whole thing will give context*
We bought the duplex last year, and it already had tenants. We live in Michigan, and couldn't get rid of the tenants. We mo...
I purchased a small house in 2018 and rented it out from Aug 2019 - Aug. 2020 to my sister to use as storage. In Aug. 2020 to now, I tore it down and rebuilding a bigger house on the property. Since I rented it out ...
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Hello!I have a house with some pretty extensive termite/water damage on the wooden framing of two exterior walls. The outside siding is brick.It looks like the entire frame needs to be ripped out and replaced but beca...
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Writing this from WI.I have a tenant who told me their DR says they should get a pet. She wants a cat. We've had the WORST luck with cats and damage. Spraying and/or urinating outside the litter box. Two units were so...