Gurjot Grewal
Would cracking in foundation be a deal breaker for you?
My realtor sent me a video of the walk thru. (remote investor) Its a 1500sq foot duplex. Early 1900 build. One side occupied one vacant. Property needs all new everything. Was originally budgeting 60k for rehab. Upon ...
Joe G.
Tenant's paint overspray on garage floor, advice on actions
I need advice from the experienced property managers or landlords out there.
The floor of a two car garage from a recently vacated home has a good bit of black spray paint overspray on the floor. Power washing and ...
Joselyn Woodson
Repair or Sell?
I'm a senior citizen and own a home that has a mortgage of $130,000 with a 4.75% interest rate. Current market value $325,000 to $340,000. I need about $50,000 to upgrade windows, doors, bathroom, and kitchen.If I sel...
Account Closed
structuring investments in canada?
hey canadian investors, quick question: me and a guy i know who is a canadian citizen but not currently a resident are planning to acquire some rentals in quebec, canada, to generate some cashflow. we plan to split th...
Andy Mirza
Do you use IRR for NPN's?
What are folks using to provide numbers to show historical data on their NPN returns? I've been using ROI and Annualized ROI when communicating with current and potential investors but I've always felt that IRR (Inter...
Ben Mitchell
Best option for first time home buyer in Chicago?
Hi everyone,I'm a (relatively) young, single guy, moving to Chicago in a few weeks. I've been a renter all my life, and I'm considering my options here. I'm not sure how to proceed, so I thought I'd sign up and ask fo...
Damaris Sutton
I got approved for a loan, but what do yall think? Legit?
Here is the email I recieved, t there is also a approval leter I can attatch if someonewants to view it. Could you please let me know what would be your first thoughts after reading this.The attached file is your appr...
Paul Doherty
Better off liquidating property & paying taxes to get notes?
If I'm going to sell a property do you think I'm better off avoiding the taxes and investing 100% of it into 2 or 3 additional properties, or would I make more money by simply paying the capital gains tax on the proce...
David Dorau
Late rent help
Hello BP community,
On 4/1 I closed on a building that has 3 residential units. Rent was overdue on 4/5 according to the lease in place. I had zero rent payments on 4/5. I sent a mailing out introducing myself and ext...
Deb Smith
Credit score
What is the lowest score you would allow?
I used to allow lower depending on what caused it and require 2 months security, but not sure I want to do that any longer