Janel Reaves
Land in South Carolina
I have a family member who is selling their land in a very small town in of South Carolina. She wants it to stay in the family, so she is selling it for a low price (so no loan is needed). However, I do realize we wi...
Evan Corbin
Lump Sum Real Estate Investing
If someone inherited 250k and was already diversified and eyeing rental real estate where would a good place be to keep Cash while building a real estate portfolio slowly?
Also, If you were saving all cash flow fro...
Jason Hayman
Looking for help with creative financing
Hi just getting started in real estate I own a lot free and clear should I sell it use the cash to buy a rental property? Or build a home on it and sell it and make some money? Or put a modular home on it and rent it ...
Jeff Petsche
Variable Landlord-Paid Expenses. What are the typical % used?
When factoring the variable landlord-paid expenses, what percentages of GSI are "typically" used (rule of thumb) for the following:Vacancy (I've been told conservative is 10% and if deal still works at 10% then you sh...
Antonio Cucciniello
Converting a Legal Triplex into a Legal Quadplex in New Jersey
Hi! I own a triplex in Ewing, NJ. The previous owner at one point in time turned the basement into his home while in the middle of a divorce. He built a bathroom and a bedroom. Its not entirely finished, but if I f...
Carlos Rodrigues
Losing Deal over Certificate of Occupancy
Good evening BP. I'm currently working on a Two-Family Deal in New Jersey that is Under Attorney Review. A little about the property, it's currently owner by older people who are looking to move and the property is ou...
Nick Maynard
Maine LD 2003 Program - Can you sell the second home built through this program?
I'm considering buying a property in Southern Maine that is about 5,000 sq ft too small to legally subdivide per the town's zoning rules. I was told about the LD 2003 program which allows property owners to build a se...
Joe Wang
Pros/Cons of New Construction
Hi BP Austin, was looking at new construction in the Austin area, but have no experience with brand new properties as investments. Wanted to start a thread to discuss the tradeoffs. Please comment if you have any input!
Mitchel Simpson
So I jumped in... What’s next?
Here is my current situation, any input from y’all is appreciated. I currently live in a house worth about 130k. I owe 108k on it and could rent it out for 1200 or 1300. Im currently building a new construction home a...
Mike Heth
Listsource Criteria Anomaly
Quick Q for all you DM wizards out there.I inserted my criteria into Listsource and all was well until...I chose 2-5 bedrooms. My list went from around 2500 to 500. I don't understand this as I have SFRs, Duplex, Tr...