Rob Wilcox
Vacant Lot - Build or Sell?
Hello BP, Our company has a small lot in an improving area of Decatur, GA. Our current All-In expense is $13,000 (this was a tax lien) and we have an outstanding liability of $11K, which could increase our total all-i...
Nick Thomas
Understanding The Market
I have been spending hours of time looking into my market. Biltmore is a neighborhood in Greenville, NC. Now, the crime is considered high according to Trulia....but it's not a bad area to me since I'm used to areas l...
Kyle McCorkel
Need help getting 4-plex to cash flow
Here's the situation: I bought a 4-plex in a B class area in June 2015 (about 7 months ago). I'll be honest; didn't know about BP at the time, I had read a few books, but definitely didn't know how to analyze a deal ...
John D.
Bathroom remodel tips for moderate income rental property?
I'm looking for material that will stand the test of renters who may or may not care about the property. I'm looking for durability and ease of access for repairs. I would like the materials to look nice but not costl...
Brian Silvia
How to estimate closing costs - full cash offer MD
I've heard various estimates for closing costs, ranging from 2.5-5% of the property value to the $1500-$2500 that the BP calculator suggests. I'm assuming that all cash offers will be a bit cheaper than convention fin...
Valerie Fernandes
Is Florida still worth it?
With the increase in extreme weather and that continuing to become more frequent and severe, is Florida still worth investing in? Market is red hot
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Tips On Cost Effective Kitchen Renovation - Saint Louis MO Rental
Hello All, I recently purchased my second rental property. It is in a ready to rent condition with the exception of the kitchen that is very outdated (See picture below). I have a total budget of around $3,500. The k...
Joseph Griffith
House hacking in high-cost areas versus in low-cost areas?
Are there differences to consider when house hacking in a high-cost area versus house hacking in a low-cost area? Does this change depending on whether or not I make a 20% downpayment?
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1 bedroom townhome, is it worth it?
A foreclosed one bedroom town home came on the market recently. The way the town homes are set up in this area is 3 3 bedroom town homes together with 1 bedroom town homes on each side of the 3. There aren't many 1...
George Paiva
Top Ten Tax Deductions for Landlords
Can't take the credit, was searching for tips on tax breaks for Landlords and happened upon this link - http://www.nolo.com/legal-encyclopedia/top-ten-tax-deductions-landlords-29497.html
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