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A cautionary tale with actionable advice for STL specifically, and probably REI in general.Advice: When looking at tax numbers for your investment model, make sure the property is assessed correctly when running the n...
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Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
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Hello all,I have a situation where I rented out a a furnished rental unit to a new tenant for 3 months. We signed a lease and the term length is from August 1, 2022 to October 31, 2022. I collected a security deposi...
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Hi REIs, I have been trying to understand the strategies on making offers. I would like to know, based on your experiences, what is the range of lowball offers you've made that tend to get accepted when it comes to mo...
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I apologise if this is miss subjected... I am currently a tenet in the upper apartment of a two apartment home. I would consider it to be a small two bedroom. I live in New York so our winters are pretty cold, bu...
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Curious to know what you see in your state.
We are seeing pre-foreclosures continue to increase in So.Cal, and continue to see the same trends over and over again....
A lot of these pre-foreclosures have two things ...
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First ever purchase so I'd thought I ask for some advice. Had an offer accepted last Friday and the home inspection on Wednesday. From the home inspection we've come to find out that the HVAC, water heater and probabl...
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Hello everyone! Let me start out by stating how glad I am to have finally pulled the trigger on a BP Pro membership! The information on here and investor tools can really accelerate your business to the nest level. Ho...
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Seeking advice for a first timer. I listed my home for rent and after 30+ days of reviews and home tours signed a lease on 3/30 with an individual who met my preferences for financial/credit history but could not move...
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Hi all!I'm currently looking at a pocket listing in Troy, NY. The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,...