Michael Klinger
Changing gears from a flip to a house to live in?
I wonder which BP forum this question is best suited for? Suggestions appreciated. I think it's mostly a tax question?Here's the sitch...We took on a significant single-family rehab that for lack of a better term, "ha...
Tatiana Gershanovich
Demo a house by donating it to Fire Department for training
We have an old house that we are going to demolish before building a new one. I heard that you can donate a house to a local fire department for a training. Sounds like a good idea for saving a cost on demo. Had anybo...
Schneur Yecheilov
Rent controlled building
Hi,I found a great deal on a 6 unit building in Brooklyn NY. It is a rent controlled building for another 6 years, then the rent control falls off as well as the tax abatement. Its under the SIP Special Initiative Pro...
Brandon Laurenson
Potential Rental Purchase, good Rent, no code of compliance
Opportunity to buy a six bedroom house for $580,000 NZD in Auckland, New Zealand. Current rent is $1250 a week, mortgage at (2.5% is $529 a week, @ 4% is 639). We would walk away after tax with @2.5% = 483 a week, @4%...
Brandon Eleazer
Condo Buy and Hold cash flow
Has anyone had success with renting a condo unit with positive cash flow? Due to condo fees (at least $200-$300/monthly), this seems to eat up all the potential cash flow. I don't see the 50% rule working well once...
Nicholas Sheridan, Jr.
Proven Track Record Next Step Private Money?
So while the world was in shear chaos this past year I have been staying in my lane with my blinders on. My goal is to hit 100 rental doors by the end of 2025 and this past year was when the clock started ticking (eac...
Matt Bamford
Investing in New Kensington Philadelphia Pa
I know of the Kensington reputation, but there are certain spots resurfacing in the community, anyone have experience flipping or buy/hold in this relative area?Properties are cheap (i would assume for a reason). Wort...
Account Closed
No Certificate of Occupancy
Currently trying to close a deal on a fitness center that's still being developed here in California. Seller can guarantee the Certificate of Occupancy upon close of the escrow but when I requested that we include the...
Rob Strickland
New Construction Budget for 3 Unit Multifamily in Cleveland OH
I bought an existing 3 unit property in Cleveland OH along with the empty lot adjacent to it which I'm looking to build another 3 unit, 1000 sf per unit multifamily on. The properties are located in the neighborhood ...
Morris Lucas
Buying A Property from Owner in Bankruptcy?
So, I have been researching a house for over a year that had been vacant, and finally tracked down the owner through a skiptrace company. He told me the house originally mortgage was free and clear, but he took out...