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Best part about being a landlord is.....The money. It's definitely the money. The job is savage as savage can be lol. But somewhere in the top 10 you've got the wild things that your tenants will say to you. It's very...
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I don't fully understand how or why a person would just hand over the title to their property. Also, after you get title of the Subject To property, what do you do? How does the strategy work? Can somebody provide a c...
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Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
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I’m the property owner and wanting to see if what I’m dealing with is “legal” or illegal (just plain unethical) We called a “we buy houses for cash” company out of Colorado. They gave us an offer we was content with b...
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Hi Chicago BP peeps, this is my first post here so I’m still getting my bearings straight haha. Here’s our key question; is this a purchase and rehab you’d do or are we crazy for trying to take this on?Im attempting t...
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I have a 1br condo in prime Dupont Circle neighborhood of Washington DC, - owned it for 27 years - could list it for $425k. Fully depreciated so $100k tax bill due at sale. It was long overdue for full renovation, ...
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Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
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Hi BP! I have been going back and forth over this issue.I am currently looking at a 3/2 SFR in a decent neighborhood that that I can pick up very cheap but it has sloping floors. It sits on post and piers with a crawl...
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I'm a 52 year old new investor (I guess better late than never). I am leaning towards investing in out-of-state rental properties (either SFH or small multi-family to start) to create some passive income that I can co...
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I have a Colorado fourplex and met with both a city ROW agent and the project engineer at the property as they need to replace a 60 year old street drainage pipe that runs along the easement at the east edge of the ...