Jon Peterson
Purchase made...Flip it or Rent it???
Hi all-I recently purchased a duplex from a unique seller, and was able to buy it at a good price that gives me some options. I am thinking about buying and holding and also thinking about flipping. I know I am suppos...
Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...
Kimberly H.
Dumb Question - Title Attorney (Realtor's or Lenders)
I'm getting pressured from my Realtor to use his title attorney and my lender is suggesting his title attorney. The lender is M & T bank, but it's the health home neighborhood loan program in Baltimore. The loan ...
Chad Dickenson
Am I Missing Anything?
Hi BP Family!
We are close to purchasing a Fix N' Flip property with the numbers below. The "All-In Cost" works well with our ARV but I am wanting to make sure I am not missing anything that could make the costs go u...
Babatunde Onadele Jr
Cost Segregation Help
I purchased my first duplex in June of this year, and I am evaluating conducting a cost segregation myself OR hiring a firm to complete it. I know this is the last year of 100% bonus depreciation so I want to get it r...
Tom Sutherland
New guy saying hello
Hello Bigger Pockets,I am a 48yr old ex construction worker / general contractor. I live in the far southwest suburbs of Chicago and am reading up and studying into buying houses at sheriff sales and fixing them up an...
Roman Rytov
Leveraging appreciation - HELOC or sell?
I have three duplexes with interesting characteristics. When both units are rented the CoC (after insurance, taxes and PM fees) are about 20% CoC which is very good. On the other hand, the vacancy rate is the highest ...
Christian Weber
Does this deal make sense - another set of eyes please :)
Florida - Condo - 2 bed / 2 bath - $79,000
HOA $260 per month (im aware HOA dont normally make good deals)
Taxes $780 (will jump up to 900 after sale most likely - not currently homesteaded)
Current tenant just sig...
Johann Kleisch
Laundry & Vending Machine income?!?
In analyzing a 50 unit half 1br half 2br, what should I estimate for on site laundry income and on site vending machine income monthly?Thanks in advance!
Allan Wu
Under contract - is it too late to cancel?
I've been under contract for 3 months. After months of waiting, the seller finally was able to finish taking out an oil tank and get state regulatory approval. Since then my rates have gone up and the deal isn't as at...