Sarah Lorenz
Paying off additional expenses after a 1031 exchange?
We are about to sell a house that is a flip/construction project--it's a total rehab and we've added a significant addition to the property, so we will have held it somewhere between 9-11 months and have not lived in ...
Account Closed
How do I approach A House Seller ?
Hello, I’ve been doing much research on how to wholesale houses and while i’m not ready yet, i’ve come across 2 boarded up properties next to each other. I got the contact info to one of the home owners. My question i...
Anthony Gayden
Real Estate Saved Me from the Shutdown
Back in October of 2013, I was working in Arizona at my federal government job when something happened that I never had experienced before. It was a government shutdown. Admittedly I was angry. I had spent most of 201...
Frank Quan
50% rule for expenses -
Hello BP Community,I am curious if there any any multifamily property owners who can assist with basic underwriting. Using the syndicated deal analyzer, from Michael Blank, 50% is a rule of thumb used for expenses for...
Nida Hussaini
REO Property, should I directly contact listing agent for a deal?
Experts help!was foreclosed in march.REO property which has been on the market for almost an year now. Listed for 450k (5300 sqft, Built 1979) in a Good neighborhood. last sold price 600k(2006)
1- Is it advisable t...
Jacob Prelle
First investment out-of-state
My wife and I live in Southern California and are beginning to browse the internet to gain familiarity with the market and gauge our options. We know there is great potential in purchasing a duplex (or more units) on ...
Account Closed
Need some advice regarding sticky situation
Hi BPers,My best friend got herself into a bit of a situation. I'm hoping someone can shed some light before she talks to an attorney who specializes in commercial real estate. My friend and a partner went into a 50/5...
Frank Adams
4-plex with lots of possible equity (relatively speaking)
I'm looking at a Foreclosure REO vacant 4-plex that was just listed. It's being sold AS-IS for about $20K. The Market Value is $175K.It appears to be legally zoned that way by the county as well from the information I...
Christopher Murphy
ISO Experienced Investor Advice for First-Time Househacker
Hi All,I am typically a pretty optimistic guy, but I am not sure that anything has given more of a rollercoaster of emotions than real estate and I do not even have a property yet. I first started reading and learning...
Mike Schorah
How many times do you need a GC to get the hang of estimating?
How many times do you need a general contractor with you looking at a property before you get the hang of estimating the numbers?