Kory Lutes
Negative Cash Flow on an owner occupied?
Hey BP,So I've been on the hunt recently for deals and I found this place that is great! As I've been crunching my numbers I always tend to come to the point where I realize, I will be occupying half of this 2-unit p...
David L Miller
Foundation problems with house
Purchased property that has this exterior foundation problem. Does anyone know what it involves, hoW much to fix (approximately), and how emergent it is to fix?
The basement doesn’t appear to have any problems with...
Cameron Andrews
Year of Construction in Chattanooga, Tennessee
Hey everyone,Hoping to get some input on an "appropriate" age of houses in Chattanooga. There's the obvious tradeoff of newer construction vs. price, and I am trying to find the point I should rule out old houses. For...
Jimmy H.
Intentionally Paying More Taxes?
I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
Herlando Y.
Psychology of making an offer to distress homeowner - Need Help
In my last post I have a house that I found while driving. I talked to the homeowner and it seems like he is running out of money to repair his distressed home. Here is what I know:Asking Price: 290,000 - 300,000ARV: ...
Rich Weese
How many think the worst is over? Part 2.
http://www.msnbc.msn.com/id/38277180/ns/business-consumer_news/
A couple days ago I posted the same topic. The above article is an article that discusses possible deflation and recession for the U.S. There are a lot ...
Josh Bloemendaal
Is 6% too high for a realtor selling fee?
Hey guys I’m selling a studio co-op apt in West New York NJ. The realtor that lives in the building wants to list it for me and says it’s worth around 185 and wants 6%. This commission seems crazy high to me but I’ve ...
Aaron Dionne
From Beautiful (getting colder) Michigan
Hi, everyone. Not new to investing, but new to this site. We'll see if I can keep up with posts and read all the articles. I'm a member of the Swamp Stompers 4x4 club here in southeast Michigan and also a homebrew ...
Neel Iyer
Starting Out.... towards my first SFR investment
Hi BP community - I have started doing some research into my first SFR investment which will likely be out of state - A ~$100,000 home with a roughly 1% rent/cost. I am looking at St Louis, MO, Cleveland OH, suburban...
Dom Nico
Recommendations and insights on commercial lot
Greetings.A non-profit has offered a land swap for a residential property I own. My lot is vacant, in a depressed area. I've considered building and renting single or multifamily, but do not currently have the resourc...