Burt L.
What to Look For When Driving For Dollars?
When driving a neighborhood, I find its much easier to find properties that seem distressed - with wood exteriors as brick is such low maintenance. In those with wood exteriors, I want to mail to about each fifth hous...
Account Closed
Best guess for maintenance and replacement reserves? SFH
Hello-Appreciate everyones best guess for conservative maintenance projections for a 5yr hold of the following portfolio. Also would like to see reasonable reserve estimates for capital expenditures-10 homes-Built af...
Baylus D. Nicholson
house hacking problems
I am putting a deal together where I will be house hacking in the upstate of South Carolina. I am absolutely ready to dive into being a landlord and facing all the problems that come along with it, however I have no i...
Bienes Raices
How to make offers on pre-1978 houses now (with new Lead Paint laws)?
With the new 2010 Lead Paint/Contractor law from EPA on houses built before 1978, costs are obviously going to go up for the person having the repairs done. But it's unclear to me how much extra this is going to cost ...
Account Closed
1 in 5 Seattle-area renters doubt they can make July’s rent
1 in 5 Seattle-area renters doubt they can make July’s rent
here are about 1.1 million adults in rented households in our metro
area, which includes King, Pierce and Snohomish counties. About 102,000
say they hav...
Jesse Daconta
What Stores Indicate the Most Future Growth?
Hey guys,From your experience, what stores have the greatest impact on future growth? Example: Target, Walmart, etc...Thank you,Jesse
Abe Alam
Good deal or Bad deal?
Hi Folks, What do you think about this deal?3/1 BRRRRPurchase: 155kClosing Cost: 5kRehab: 15k (2 months time)ARV: 220k Refinance at 175kRent: 1600 - 1700 / moThe home would be funded with a conventional loan, which is...
Ahmed Alswaiti
Navigating Through Rising Foreclosures and Market Opportunities
This year, experts have noticed that the real estate market has been witnessing an increase in foreclosure activities across the country, including a remarkable shift in commercial foreclosures. As I have been reading...
Melissa Searing
Need Help Understanding Mortgages
Hi BP,
I was "driving for dollars" today and saw a run-down house in a prime area. I found the owner's mortgage info on the county website, but I need some help understanding her mortgage situation.
Her house was so...
Richard Z.
LLC partnership buyback tax question
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...