David Triplo
Zoning Issue Right Before Closing in Lincoln Park
I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation. The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing. ...
Doug Haisten
Wholsaling properties from MLS
I have started searching the MLS (Realtor.com, Zillow, etc.) for properties to wholesale, primarily to sell to buy and hold/landlords. BP actually has a calculator for analyzing properties. I look for certain properti...
Andrey Y.
Your most funny and ridiculous tenant / showings stories!
Would love to start up the discussion where we share our funniest/craziest/most shocking tenant stories and conversations. I'll start (paraphrased a bit).So I am showing a small unit to a few folks. Attractive lady in...
Heston McBride
Sticky Situation. Pay realtor commission n or not?
I’d like some feedback on how the bp community feels about my situation. I looked at a home w/ realtor but know the owner very well and had discussed it previously.I plan to put in an offer on Monday for a rental prop...
Helen Zhang
Do I really need a survey?
Hi BP community, This isn't the first time I'm doing a cash buy for properties, and I have never purchased a survey for properties before. However, this time it is different, I am buying a trustee sale. Should I purch...
Sean Kollee
inner city duplex part 37- 47
We are well into finishing now, lets show some photos and move on.post 37 - more finishingOn these smaller inner city jobs it makes a lot of sense to get the trim and door work done before the cabinets. Usually the ...
Clarence Ng
How to deal with a bad GC
Hey all
I am working with a GC that ignores the timeline and payment terms set forth in the contract and is generally unresponsive. Project is behind by 2-3 months for what was 5 month project. I was told that findin...
Dusty Laurin
Real Estate Professional Questions
My husband and I are considering listing me as a Real Estate Professional on our taxes for 2021, and we are looking for others who have done this successfully so we can get some more detailed information on it. We as...
Amy Sommers
Capitalization rate (cap rate)
Amy from AL here...what is cap rate? What's a good cap rate and why? What's a bad cap rate and why?
Mario Cuartas
House ages to stay away from?
Hello everyone, I am a new real estate investor. I have $30k I would like to invest in multi family investments. I would like to purchase in Springfield, MO, since multi family is a lot more affordable and rents are m...