Caleb Clay
First time rehabbing a SFH in Indy
This is a quote that I got from my property manager that is Indianapolis. I typically buy B or B+ to prevent major rehabs but this is a C- property. The house just has a couple couches and empty liquor bottles to tras...
Wogderess H.
submetering vs RUBS on 5 unit building
Hey BP,Does anyone here have experience in submetering 5 unit townhome style apartment buildings. What'd a ballpark number be in terms of cost of installation. I may end up doing RUBS but in case I want to sell units ...
Sage Fradley
To be or not to be. A real estate agent.
I am turning 30 this year and I am at a crossroad in my life. I have a well paying job working on the road sometimes 45 days straight 7 days a week with no idea of if or when I will be going home. it's been very time...
Edita D.
Tenant owes us 3700$ with intention to file for bankruptcy.
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Michael Hooper
Reasons to close before/after New Years
I'm looking to close on a 14 unit apartment complex in Cincinnati. Currently the estimated close date is December 28. I'm curious, are there any reasons to move the close date back into the New Year. Or, conversely, s...
Johnny Franco
Help! I can't find rental property with positive cash flow
Hello All,I'm looking to buying my first rental property in the Montréal canada region, but I'm unable to find any that generate a monthly cash flow. Im going with 20% down and 20 year mortgage. All the numbers from...
Ryan Denman
Colorado Landlords and Jury Waiver
Hi All,I'm reading through the latest version of the BP Residential Lease Form and it contains a clause that seems to say that a jury cannot hear a trial related to a dispute between landlord and tenant. Especially s...
Roger Flot
Updated Insurance for renovated property
I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 ...
Tim G.
Calculating profit after flip sells
So this seems like a very noob question but I am having a serious brain fart here. Almost embarrassed to ask this!I just sold my second flip and i'm trying to calculate the exact profit amount. I've crunched the num...
Jeremy Bottlinger
Cost Segregation Studies
A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...