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Results (805)
Kasia Harmata What am I doing wrong in my analyses?
10 May 2021 | 29 replies

Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...

Jonathan Vince Heir is dragging feet on probate while property faces auction
27 April 2022 | 15 replies

I want to submit an official, legally legit offer to a person whose deceased parent left a property with heavy tax liens, and who never wrote a will. This person is the only child, and is apparently daunted by the pro...

Mike D. Techniques to report Capital Improvements as Repairs
30 June 2015 | 31 replies

I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...

Charles White Advice for newbie, flip won't profit
29 December 2017 | 27 replies

Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...

Lauren Heart First time Bed Bugs!!! Tenant wants to sue! Advice anyone?
3 July 2017 | 35 replies

Hi BP Community!One of my SF in the Dayton, OH is reporting bed bugs.  They moved in December 1, 2016 and just reported it to my PM this week.  I know it wasn't infested 6 months ago, and I have always made repairs in...

Roselynn Lewis What could go wrong?
14 January 2013 | 26 replies

Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...

Ron Gallagher Starting a "Group House" (Rent by the Room) Questions
10 April 2018 | 11 replies

Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors.  My questions are--1) Do you have the t...

Cari Childers 2nd property advice...
11 April 2020 | 23 replies

Hi friends,Hope you’re all well during COVID. I’m looking to make my next move and need your advice.My 1st and only property I’ve owned since 2012 I bought for 120,000 in Downtown Orlando Fl, I owe 76,000.  It’s rente...

Katharine Chartrand Keys for Cash
7 July 2014 | 19 replies

I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...

Chad Benedict First deal closed with $12K profit after easiest phone call ever!
4 May 2015 | 56 replies

Hey BP,I’ve been planning to post about my first deal for several months, so here goes.Summary: This was a wholesale deal in Duncanville south of Dallas that I put under contract for $64,000 and sold for $76,000, part...