Roshan K.
Book recommendations while waiting to build up capital
Hello BP, what are your book recommendations? It doesn't have to be real estate if it's a really good book that will help out in some other way.In the past couple months I've read "The book on investing in real estate...
Kessy Similien
My lender is quoting me 6.75% interest rate?!
Hi, I entered escrow 30 days ago on a leasehold + fee available property. My lender said he could not lock down rates until he received the fee contract from the seller. This took almost 3 weeks to receive and in that...
Shawn H.
Rejecting Applicants
When you select a tenant, does everyone notify all of the other applicants that they are being rejected? Or do you tell applicants when they apply, that you will only notify them if they are approved?
Rachel Stewart
Large down payment - why is this difficult?
I have an interesting issue - I hope this is the right place to post. I have access to private funding (parents) but we don't know how to structure it so I'm the only one on the loan/deed. It needs to be an non-owner ...
Tim Blanchard
Mixed use hold
Looks like our next deal is happening!We’re buying this unique piece of property that was at one time a popular retail location that sold marine/fishing gear. It’s got a great foundation as well as a house on the othe...
Stuart M.
Pub 527 says don't include certain closing costs in basis?
In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.
Fire insurance premiums.Rent or other charges relating to occupancy of the property b...
Michele Velazquez
Investing in Multi-family Units In Baltimore?
I have been doing a lot of research on where to buy my first multi- family unit and I found Baltimore interesting. I wanted to know what experience you have had investing there? My goal is cash flow and decent appre...
Juan Mora
San Diego. Is this a good deal for a flip
I am looking at this property for our first flip in California. https://www.zillow.com/homedet...Single family residence Purchase price $450,000Renovation $80,000All in $530,000Selling price $630,000Closing costs $30,...
Jeffrey Magenes
California - Does elevated prices even matter? Low Interest Rates are now more important
Example property is an Anaheim, CA fourplex for $750,000.
Do you think buy/hold is a good strategy right now? Interest rates are soooooo low right now that a $100K-$300K increase in property price, is being ...
Melanie Wilmesher
Seeking advice on building a seller financed deal
TLDR: I found a seller who is open to a financing an off-market 5 unit multi family home near a major hospital in Denver. I am seeking advice on making my offer compelling but also making sure I'm not missing anything...