Brian Stone
Local Mentor Found!
Well, I was on Craigslist just messing around and then I was like, why not type in "wholesale" in the keyword search, let's see what happens. I found someone else who owns their own business and has been doing wholes...
Chip Lambert
Multi Family purchase versus a condo complex? Same strategy?????
I just received an offering memorandum for a 24 unit. It is a condo complex. They list the annual assessment as a monthly expense. Will buying a condo complex work just like buying a regular multi unit complex? Ho...
Kellyn Cameron
Househacking in Charlotte, NC
Hey everyone!
My name is Kellyn. My husband, Daniel and I are closing on a townhouse this month just outside of Charlotte, NC in Huntersville. I am a nurse and my husband is a pilot and our plan is to start househac...
Peter Huggins
new investor looking for advice
Hi ,I'm a new property investment looking at to buy, fix and rent out multi family in the Newark and irvington area . Does anyone have any advice or pointers? Any help would be appreciated
Glenna Bryant
4Plex
How is a property analysis done if I"mpurchasing a new property to rent out the apartments in the house I have no rent roll,no gross income How do I structure my purchase to plan out the costs and credits of my tr...
Ray Weaver
Forclosure on a 55+ Condo
I am looking at a property in foreclosure, a condo in a 55+ community. However, I am only 35. Would there be a way that this could be blocked, even with the home going up for public auction? I wouldn't think that the ...
Christopher Morgan
Expense Ratio for New Construction
Hi BP, once again thank you in advance for any and all advice. I am underwriting a fairly straight forward joint venture 40 unit apartment net new construction project with a local builder. We are currently in the inv...
Benjamin Walter McPhail
Comparing homes assessed value with neighbors homes
So I am looking at buying a home listed at 150k with an assessed value at 135k. The next lowest assessed home on the same street is 195k. The neighbor homes are also similar in square footage and the number of beds a...
Mark Burlison
Down payment on my 4 flat
After discussing a SDIRA with my accountant I have decided to make my down payment out of my 401k with conventional financing. I’m 60 years old so there’s no penalty and eat the tax’s upfront. SDIRA is just to restric...
Justin Brophy
Should I buy this Condo in Norman, OK?
Hello all,I have a possible deal in the works and would like to get some feedback from the BP community.The condo is located in Norman, OK 73071 area code, very close to OU. It is a 2 bedroom/2 bathroom condo; 1008 s...