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I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
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Hi Everyone, I'm under contract for a multifamily property for $300k. Bank appraisal came in at $282k. Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they...
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My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...
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I was just wondering if anyone on BP or have heard of any investor being called a "slum lord"? Would anyone else take offense to being called a "slum lord". It puts a bad taste in my mouth personally. Below is the sto...
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I've been reading all the posts and blogs about having an LLC in addition to my insurance policies and I thought I should get to it before I get much further into my investing. I have a few questions though that I'm h...
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Hi everyone,Long time lurker, first time posting. My name is Steve and I am in the north shore area of MA, about 20 mins north of Boston. I am just turning 24 and graduated with an undergraduate in Finance/Economics l...
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When finding off market deals what are the best methods/strategies
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In commercial real estate, a loss to lease refers to a unit being rented for below market value. For example, if there is an apartment community renting two bedrooms for $1,000 per month yet a tenant who has been ther...
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Good afternoon BP!
I am beginning my RE journey. If you have experience in Real Estate I would be THRILLED to connect and learn from you. Please reach out and we can connect. I have listened to about 10 of the podc...