William Baptist
Pulling out equity for repairs
Hello Guys, I am in need of some guidance. My wife and I have a rental property in Arlington, Tx with a remaining mortgage of $52K. It has been rented below market at $1050/mth on a month to month lease. 3br/2.25ba...
Erik Kubec
SHST, routine maintenance, de minimis example
Hello BP folks,Here is a real scenario for one of my properties with regard to how to use the Safe Harbor for Small Taxpayers, Routine Maintenance, and/or De Minimis options.Property LCT has an original basis (just th...
Keoki Kimzin
Inherited tenants: Keep the 20-30 yr tenant hoarders?
BPers!I'm closing on a 4 plex in a C neighborhood. Two of the tenants have fairly maintained their units but the other two have trashed theirs (hoarders). Both of these tenants have been in the units for 20-30 years...
David Roe
BRRRR on a Monster Duplex in Dayton Ohio
Investment Info:
Small multi-family (2-4 units) hard money loan investment in Dayton.
Purchase price: $30,000
Cash invested: $50,000
Very Large 4/2 Duplex with 1800 sqft per side. House was occup...
Matt Heidenfelder
Converting Primary Bedroom into a unit
Has anyone had success in converting the primary bedroom and bathroom suite into its own unit and requiring tenant to access unit through a private entrance (backyard or side yard entrance to bedroom)? Considering thi...
Mercedes Smith
STR 1 Bed or 2 Bed Split?
Hi everyone! I'm considering purchasing a fairly high-end condo in a resort town. It is a two-story condo with two bedrooms and two bathrooms. Downstairs (450 sq ft) is one-bedroom with attached full bathroom (along w...
Alex Aronson
My first flip
Hello,
I typically buy turn-key properties to add to my rental portfolio. However, with new financing restrictions I can no longer do a cashout refinance to get my down payment funds back for my next deal.
Therefor...
Josh D.
16-Unit Multifamily Flip
Investment Info: Large multi-family (5+ units) fix & flip investment.
Purchase price: $1,060,000
Cash invested: $1,060,000
Sale price: $2,275,000
Purchased 100% vacant 16-unit (all ...
Luke Cullinane
Buy and Hold Rental Property
Investment Info:
Single-family residence buy & hold investment.
1 Bedroom cabin on 9 acres on Paris Mountain
What made you interested in investing in this type of deal?
This was the first ho...
Account Closed
Auctions and (Pre)Foreclosure
Hello. How do I go about wholesaling if it’s under auction or (pre)foreclosure especially with no interior photos? If it’s possible. Also with very little to money ideally. Thanks.