Josh Rich
My First Rodeo
Hey Fellow BP'ers, I need some advice from all of those brilliant seasoned minds out there! Who can give me some tips on C-class apartment multifamily residential (MFR) investing, and section 8 requirements?
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Joshua Smith
Newbie in Washington DC
Hi guys - I have a big goal: To purchase and renovate a four unit property in the Trinidad or Kingman Park neighborhoods of DC with a FHA 203K loan, rent out three units for a year while I live in one, and then conver...
Kortez Walker
Bandit signs.... Do you consider them legal or illegal?
I see alot of people that advertise bandit signs and I think that they're a great avenue to get business . However I don't think it's worth the hassle if your going to get hassled by the local sign police if you conti...
Roy Gutierrez
Flooded basement in rentals
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
Matt Yates
Title Holding Trust - Checklist, Docs, Agreements
We are exploring the options of buying all our properties through a Title Holding Trust, or individual THT for each property. Curious if anyone has a complete checklist, doc templates, etc. for us to review. We will e...
Chris Pasternak
Seller wants to sell now! Help!
Hey BPers,My scenario requires a bit of a background knowledge in order to fully understand. I will try to break the scenario down piece by piece for ease of digestion. Here goes.The Buyers: Myself and a partner (l...
Brian Schmelzlen
2018 Tax Law Impact on 1031 Exchanges/Cost Segregation
The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregatio...
Chris Allen
Cant pull the trigger. should I?
Ok well im on the edge of putting in an offer on a property thats a couple streets down from my house,great neighborhood lakes and such great schools etc. 3bed 2 bath built in 01 about 1400sqf from what a have seen ne...
Raj Balakrishnan
tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...