Sandra K Shirah
Pricing Property with Fire Damage in LA
I’ve been asked to list a property in Central Louisiana that has significant fire damage (insurance paid off), but I have no idea where to start. I believe there may be some value to the structure that remains - perha...
Marie Steward
House hacking strategy (NYC)
Hi BP,After a few years of searching for a single family home (and being priced out of our target neighborhood) my husband and I decided to instead purchase a 2-3 unit multi-family home in the Bronx, NY. We're conside...
Robert Burns
Revising a Lease Option Agreement
I currently have a lease option agreement in place with the a FSBO seller and I typically assign these agreements for an option fee to tenant buyers who need time to obtain a mortgage to buy the property. However I a...
Luc Boiron
Experience with scheduling multiple contractor bids?
I'm leading up to the closing on my first flip (details on this to come later).I'm in the process of getting quotes for the work to be done. I've gone through the property, laid out all the work I want done. I am aski...
Lucia Lilac
Buying Apartment Buildings
Hello BP! I am looking for some advice and guidance, hopefully someone can help me. I currently live in Queens, NY and will be moving upstate to Rochester, NY early next year. My husband and I own 3 two family homes i...
Troy Forney
Retirement plan, all in with real estate or diversified portfolio
Hey everyone. As most of you probably know they are allowing you to take from your IRA up to 100K and pay it back over 3 years with no 10% penalty. If you don't pay it back, you just pay taxes on it. Of course I am...
Joe Lopez
Drive for dollars led me to a house deliquent on taxes...Now What?
Hello BP,During a casual drive for dollars I came across a house that has some tell tale signs it's abandoned. (out of control lawn, broken awning, looks like nobody has been home).So I decided to go to look up the pr...
Lakila Richardson
Advice on Vetting a Realtor to find Multi-Unit Investments_South Florida & North Carolina
Hi All,Please share advice on evaluating whether a Real Estate agent is a good candidate to source investment properties, particularly multi-family units/apartments. I'm currently seeking a quadraplex in South Florida...
David Lunsford
transitioning from dealer to investor
After speaking to CPA's, the tax attorney and real estate attorney it's clear I cannot run a dealer business out of one entitiy and create installment sales in another entity without running into problems with the IRS...
Alfredo Navarrette
SFR or small multifamily??
I keep going back and forth between buying a sfr and renting out by the room or house hacking small multi-famly. Preferably my family and I would like to have our privacy with small multifamily so that would be ideal ...