Ryan Mulson
Offering to negotiate repairs
We are in the process of negotiating the purchase contract on a flip that we did. Part of the buyer's demands is that we offer to negotiate repairs. We spent $35k on our rehab and replaced the hvac, flooring, fixed pl...
Michael Cardenas
Home Warranties for Landlords
What are your thoughts on Home Warranties for Single Family Homes or small multifamily properties?I believe it’s always best to plan to save for expenditures before their lifespan is up but could a warranty help minim...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Azaleia Sinclair
DEAL ANALYZING 1ST HOUSE HACK
Hello my BP friends,
About 6 months back my interest in starting my real estate journey had peaked and I could not stop thinking about it, so I decided to jump in. At start, my credit and debit were the problems, and...
Sage Jankowitz
What kind of annual profits can one expect to make in wholesaling?
I know there are a wide range of variables that will determine your annual income (location, full-time or part-time, experience, etc.) as a wholesaler, but how big is that range? Could one realistically expect to make...
Dylan Tran
Solar panels on a flipped project
Has anyone in this forum ever put up solar panels on a flipped property? What are the advantages and disadvantages when it comes to selling the house? Does it generate more buyers or sway them away because you're fact...
Mike Hoffman
Looking for opinions - Would you consider this a good first deal?
Hello BPI'm a newbie looking to do my first deal. I have someone looking to sell me an off market property and they are willing to carry the note. They are moving and already have a new home purchased out of state.T...
Matthew Roberts
Expenses for Multi-Family Properties
Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
Reginald Marquardt
Bought Building under LLC - Dividing the shares afterwards?
Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...
Nicholas Weckstein
Weird heating system
So this property I’m looking at has gas heating for the apartments. There are literally gas space heaters mounted to the walls that require you to light them much like you would a stove. Gas lines run up through the c...