Luis Castillo
Tax consecuence of long term lease/options.
Can someone give me a general answer to the following situation.
Let's say I buy a duplex for $100k and I give you an option to buy it for 20 years.
As option money you give me $20k. I purchase it with a 15 year ful...
Jordan Thompson
Considereing a property but they dont want to release tenant info
I am contemplating a 10 unit apartment complex but the seller does not want to give out tenant information. Is this common?We had a terrible experience with inheriting tenants. So we made it a point to make sure the ...
Jared Appel
New to Chicago and Real Estate, Lets Go!
Hello BP,
My name is Jared Appel, recently relocated to Chicago by way of Miami, and diving head first into the BP community to start my real estate career. Would love to connect with others in the area and industry,...
James Denon
How to approach a seller for zero downpayment
I am interested in a 8 family in Springfield Massachusetts. It is an off market deal. The seller is willing to do seller financing with a reasonable rate for 70% LTV.I would like to offer him this: I will get a loan f...
Donald M.
New Member - Boston, MA
Hi all, basically a new member although I just saw that I created an account here 5 years ago (also have to find out how to edit my name) when I purchased my first property outside Boston. I rented out rooms while ...
Louie Mikros
First time Investing in SA ( househacking) !
Good morning y'all. I moved to SA one year ago from New York. My lease is up in january ( currently living on the far west side). Househacking is my step into the door. multi families seem more scarce here and are in ...
Robert Carpenter
Property tax on an REO
Suppose you pay $120,000 for an REO with an ARV of $300,000 which needs $80,000 in repairs. Will the county reduce your property tax to reflect your $120,000 purchase price ?
Brian LaLonde
Affordable areas near Minneapolis?
Hello BP community, I'm a real estate investor from Indiana moving to the Minneapolis area soon. I've started my research but wondered if I could save time by finding a realtor familiar with the area. I'm in the mar...
AJ Nemeth
What's best investment for $1m
Open this discussion as I'd like to get some fresh ideas on how to invest $1m. Is it to BRRR single family? Buy apart complex and value add? What would you do? Provide what you think the ROI would be in your propose...
Ian Morales
Building a team
Hi BP !
What would you consider be the first member of your core 4 you interview?
- A lender that can connect you with a potential rock star agent or other core 4 members.
- An agent that will potentially have ...