Phillip G Alexander
Is this a good move?
Hey BP, I'm going to be brief here. I'm planning on purchasing a primary residence in Cleveland, OH between $85,000-$100,000. I would then get a hard money loan, $10,000-$20,000, to rehab/update the home. Can I the...
Austin Ralls
What to offer someone when wholesaling?
I am looking at wholesale deals and getting into that aspect of investing and am trying to get good flip and hold deals that way instead of from the MLS. Any advice on how to go about making an offer on these homes wh...
Danny Day
Multi-family break down
How accurate do these numbers look? I would like your feedback. Might be buying a multi-family here in the next few months and am trying to get my numbers correct.
I am not buying this one, but it is a sample deal I...
Chris Martin
Census Median Net worth: Renter $5K, Owner $234K
I came across this table on the census web site. Table 721 from this census data has breakdowns of the median (and mean) net worth of Americans by age, race, and tenure. In almost every category, there is quite a wide...
Luke H.
Pros: Would you rent to these applicants?
Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...
Mike Gruttadaro
Self Storage
Hello everyone, I'm looking at building a self storage facility and was wondering if anyone could help me with some ballpark numbers for how much it will cost. My main question is how much does it cost to build the bu...
Javier Gaillard
Federal and State Income Tax
What is the tax rate -income tax- for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax?Can you get a be...
Amber Arnold
How to handle an occupied property, bought from repository list
My husband and I are considering purchasing a property from the repository list in our county. We live in Fayette county PA. It is a double wide mobile home on a plot of land and appears to be empty, but in okay sh...
Ray A Delfi
Looking for feed back on lender terms.
A member of one of my REI groups posted this in the group page. Wanted to run it by BP to see if it passes the sniff test. Please all feed back is welcomed and I’m at no means endorsing this lender. I may use them bas...
Account Closed
WHAT IS THE BEST PROPERTY MANAGEMENT SOFTWARE
Curious as to what BP members are using for their property management software needs.Here is my criteria for selection of an online system 1.The best rental property software supports the property managers in handling...