Sam Leon
IRS Safe Harbor Rules questions
OK, I have done a bunch of reading and still finds some of the new rules confusing. So I have a few specific questions on these new safe harbor rules.There are some very helpful existing blogs and threads covering th...
Jesse Lynch
Two successful flips in South Minneapolis, MN!
Starting in the beginning of 2013 I partnered with my mother to try our hand at flips. She, the lender, me the designer/grunt. After what was certainly an absurd amount of house showings (I still feel bad for our bu...
Account Closed
Buying in Allentown/Bethlehem/Easton, PA
Hello-Does anyone BRRRR or otherwise Buy/Hold in the Allentown, Bethlehem, and Easton, PA area? I just did a quick cursory look at the general area and it seems there's quite a bit of properties available that would e...
Kasia I.
Please Help!! First Home inspection
Hello BP Members. I'm in need of serious advice. I have my first property under contract and just received home inspection report. I thought there were a lot of issues and was ready to walk out, but need your all sinc...
Brian Brokaw
Analyzing mobile home park
I currently have 3 mobile homes I am renting out that I paid cash for they are not in a park. I live in Arkansas and have ran across an elderly couple wanting to sell their mobile home park. Below are the numbers I ...
Jack T.
Chicago area investing - property taxes too high?
Just curious about the folks that invest in Illinois properties. I'm from CA and have been investing in Nashville SFHs, but would like to start invest in the Chicago area, since I have roots there and many connections...
Michael Snead
I am about to sell waterfront property for 35% ARV. need advice!
Hi BP, I will try to keep this long story super concise:My Grandparents passed away last Dec. leaving their waterfront property in the fingerlakes to my mother. The property is a 3 bed 2 bath 2 story plus basement. th...
Account Closed
Heating woes
I am in the process of deciding whether a potential flip in southwest Connecticut would be likely to be a good return on investment and one of the major hindrances I foresee is the heating system.Right now, the heatin...
Nick B.
How objective or subjective is apartment classification (A,B,C)?
Hello BP,Are there any specific set of features that must be present or absent in a certain apartment class?Here are few items that I sometimes get confused about:Age: 0-10 - "A", 11-20 - "B", 21+ - "C" - this is a ge...
Brian Stein
Need help w/ Appliances - How do you find good deals?
Well I'm new to flipping, and hopefully will be doing my first flip soon.
I've been trying to learn as much as possible, and have been pricing some items (flooring, cabinets, etc) trying to get a better idea of what ...