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I launched an MTR in Asheville, NC in mid-2018. The home is a 1-bedroom and is about 10 minutes away from both downtown and the largest hospital in western NC (i.e., Mission Hospital). MTR was hardly a concept back th...
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My Brother-In-Law bought a condo in Sacramento about 6 years ago when the home prices there were still very high. He initially had a good investment going for him, but now things have radically changed.
He owes $105...
Hi guys So I was reading a few forums and newbies just like me were asking if a property’s rent roll would cash flow positively based off of the mortgage price they’ll have to pay (the mortgage price with everything i...
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In Atlanta, GA , I have a person who wants to Lease for 2 years with the option to renew at the end of the lease. I want to try to enter into a lease for less than they are willing to pay and do a sandwich lease optio...
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I’m a new wholesaler and I’ve seen properties that I believe would be better knocked down and rebuilt. My problem is I have no idea how much it cost to build a home from the foundation or how to estimate to cost. Any ...
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Hi everyone, I have recently started a property management company in Cincinnati Ohio. When we first started, I had acquired a 24 unit acquisition. We're doing everything; offering 24/7 on site maintenance, apartment...
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Hi everyone,I just opened escrow for a single family home (two story, split level) in San Diego and during inspections yesterday some serious issues with the raised foundation were found, the house is partially on a ...
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Hi everyone. I'm hoping to get some guidance from tax professionals in the BP community since I'm a bit stuck. I'm working on my 1065 for a two-member LLC. We established the entity and purchased our first property...
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Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
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Being new to REI, I'm not sure what to do with the following scenario, but I think I smell a deal! Advice, guidance and even "hand-holding" are welcomed!Yesterday I located a property in pre-foreclosure, scheduled to...