Jerome S.
Looking to Sell an Underperforming Property with Renters
I have a deadweight property in MPLS, MN that is actually now costing me money. Long story short, it's a Condo that has had recent HOA increases over the years and is now cashflow negative. Is it feasible to sell th...
John Lee
Can you turn over title for 1/1 mobile home from park to tenant?
I recently found a mobile home park with good cash flow. Actual number provided below. The mobile home park is located in the city so there is barely any space between them (great for lack of landscaping maintenance, ...
Michael L.
Investing outside of real estate
What are the pros and cons of using an entity to invest in other asset classes (i.e stocks, bonds, mutual funds) vs in your personal name and what are some deciding factors for you to help with that decision? Thanks B...
Kyle R.
Tax Savings ROI Through Net Loss
Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
Skyler Holloway
Insurance Claim from Previous Owner
I bought a home 4-5 months back that in which I currently live. The home is fine, but I've found some water damage in the garage wall (where an ice dam backed up) and would like to replace the drywall and ensure there...
Ben Matityahu
Purchase in a Flood Zone
What are the thing to be aware of when buying a Multifamily property in a Fema flood zone as far as insurance is concerned? 1. is it very costly ? what are the potential costs ? 2. can a new purchaser denied from purc...
Pretty Khare
Are the STR Pundits Correct? How many hours per STR of work you put in?
I have been researching how feasible is self-managing a STR with a demanding fulltime w2 job (50 hours/week). STR pundits such as Robuilt and Short Term Shop tout that once you have your processes and core team setup,...
Sean Cupertino
New from South Florida / Ft. Lauderdale, b4 in NJ Union County
I work in the pharmaceutical industry and was relocated to Miami / Ft. Lauderdale area from NJ / Union County two years ago when I found a new job. Great relocation package which included all fees/commissions associat...
Hsiang Lo
St Louis - duplex - deal analysis advice
I've never done a deal analysis so bare with me :) I'm looking to buy a duplex in st louis for my first rental property. Details:
227k asking price
4bd, 2br
44k down payment, $1046 per month (includes mortgage, pr...
Kevin Wembes
Purchasing Home with Tenant
Hello everyone!I was thinking of purchasing property in TN Memphis and found a great location, the numbers made sense, the rehab did not seem too bad at all! But it had a tenant current living in the property and the ...