Kevin Yoo
Rental per room
My contractor has had a house in Indianapolis that he made into a boarding house for retirees years ago and has bee doing very well with a waiting list.My question to BP Nations is has anyone rented per room in a sin...
Account Closed
Has your Proof Funds letter been greater than offer? Any problems
I'm trying to place an all-cash offer which requires a proof of funds letter. My offer is less than the list price. My bank balance is greater than the list price. My proof of funds letter will also confirm that I'm...
Shang Min Wang
How to start renting my second floor unit?
Hello,I have purchased a duplex as my primary residence for two years. Recently, I'm wondering that I should rent my second floor unit to relieve some financial pressure and to start building some experience. Since it...
John Wang
Rental Dwelling policy with flooding or Sewer Drain backup
I own a rental duplex in Michigan and my current Rental Dwelling insurance agent is State Farm. Considering the big rain and flood we had in Michigan 2014, I am considering to add flooding or Sewer Drain backup to pol...
Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
Diane Linette
HELP! Experience w/gutting/rebuilding rentals-is this worth it??
Hi BP! I'm a new investor and have just found out about the BP-nation AFTER I closed my first deal - DANG!! I have a lot of questions so here goes: 1) Tell you a bit about the Background / History 2) Property Mgmt ...
Mike Mocek
What is happening in Toledo, OH?
If you have ever been to Toledo, Ohio you will see our welcome sign, "You will do better in Toledo," throughout the city. In 1913, The slogan was initiated to represent the positive attitude of Toledo's residents. Eve...
Johann Jells
Bank to handle multiple security accounts with NJ presence?
I'm fed up with Capital One. They've literally taken hours of my time, every time, to open security accounts, and then screw them up most of the time due to poor training. Then I found out they have a system for bigge...
Jacob Michal
Bonus depreciation -cost segregation study
Do you all recommend using the bonus depreciation status and cost segregation study for multi families or single families if yes why and if not then why?
Brett Ludwig
CoStar and Alternatives?
I am looking for sources of data on commercial real estate (cap rates, rent per sq foot, etc...). CoStar seems to be the leading option. Does anyone have experience with CoStar? Is it worth the cost? Are there any...