I need help figuring out how to determine the basis for a rental property. I purchased and lived in the property for a number of years and did a lot of renovations. I also built a garage apartment that I am now rent...
I know that there are mixed feelings here about the necessity of permits on work done, but here's our story. We are less than two weeks from closing on our first rental - an owner occupied 2-family. We know that she h...
Good evening all,
A while back I did some driving around my area and found some multifamily properties that were off-market that I'd like to pursue. At this point, I haven't made any prior investments yet so any of t...
Hi guys,I'm in the process of looking for a rental in the Center Point area of Birmingham. I am working with an agent, but of course, I'm weeding through a lot of listings.Are there any rules of thumb that more experi...
Hello BP,
After months of offering "highest and best" only to get beat out to hedge funds all too willing to offer full market value. I've decided to go strait to the source and I started mailing directly to Homeown...
Hello everyone. Just wanted to introduce myself to you. My husband and I have been investing in real estate since 2011. We rehabbed a house from the studs up last year, staged it, put it on the market and had a buy...
Hi all, I’m in a bit of a predicament. I have very qualified prospective tenants but they have a Dutch German Shepard dog. Female, 54 lbs, vaccinated, potty trained and “very sweet”. I’ve only ever rented to people wi...
I am in round two of a direct mail campaign and callers are getting more sharp in their replies; its said to expect creative responses to creative marketing and of course I'm hearing more "creativity" sent my way afte...
Can you wholesale a HUD property and if so how difficult is it?
Have a property under contract. 10units cash flows great but two appraiser said they couldn’t appraiser it. Says property isn’t zoned for the current use it has. Also some Airbnb action. This is what the lender said ...