Michael Marchman
Appraisal "Cheat Sheet" w/ improvements and comps during refi
I have my first appraisal coming up and am meeting with the appraiser. I wanted to create a simple 1-2 page document with basic information about the property(i.e., list of improvements and comps in the area). With th...
Shawn Bowen
Fourplex tenant wants to change units
Hello BP community! I am a relatively new investor. One of my tenant's just vacated their upstairs unit in my fourplex. The tenant downstairs asked about moving to the upstairs unit that was just vacated. Both units n...
Marylynn B.
How red is this red flag and why do I still want this deal?
Hey everyone! I am under contract for a NNN with a government entity in Houston TX. It has an 8.5% cap rate and they just signed a 5 year lease. I am having the oddest experience. The tenants have not held up their ...
Maddy Jane
Being threatened to put Mechanic's Lien on Property in NC
I had a service call booked with a wildlife removal company and I failed to notify them to cancel the call 24 hrs in advance. I called them today to cancel the call and they're asking for a full service fee (75$). I r...
Charlie McClskie
1.15 acre with 5 lots for mobile homes
Found a 1.15 acre lot with five lots. The property is clear now, but it once had 3 mobiles on it. The seller wants $31.5K for the property, but would probably take $25K cash. Lots could sell individually for around $8...
Amy Kendall
Our second home, which we later rented out
Investment Info:
Single-family residence buy & hold investment in Pleasant Grove.
Purchase price: $160,000
Cash invested: $8,000
This was our second home that we purchased when we moved back to U...
Ryan Lowe
Tax Strategies for High Income Professional
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Brett Chupka
Another Cost Segregation Question! House Hacking
It seems like cost segregation has been a hot topic since podcast episode 689 and I'm going to keep that trend going. I too am trying to see if there would be any benefit to self performing a cost seg on a house I pur...
Ian Smith
is it worth it to sue a contractor
Is it worth it to sue a roofer for a new roof costing $7200 that has leaked ever since it was installed (1yr) and he has walked away not solving the problem. I've also paid someone else to fix these issues and it's st...
George Ramsay
Private Lending Construction Loan
Hey everyoneI have a noobie question I was hoping the group could help out with. I'm doing my first construction loan for a rehab project and gave the first draw to the borrower. Draw was based on invoices and receipt...