Sam Leon
Recent purchase inherited a overly simplified lease
My recent purchase of a triplex came with three tenants, and they all have leases expiring in May, August and October 2015. The lease is a one page lease mostly focused on how much rent and little other details.Now o...
Carree Todd
Evaluate this deal. Brrrr
Hi BP,I have an opportunity to purchase a 16 unit building. Only 2 units are currently rented ($450/month). There is an absentee owner whom inherited the property and has let it fall into disrepair.I am looking to brr...
Allan Tualla
tax strategies to know for new investors
Hello everyone,Im just getting into realestate investing and want to gain more knowledge in the area of tax strategies. with that being said I was wondering what are tax strategies that I could use that will ultimate...
Troy Kannegieter
Pro and cons of investing in condos as buy and hold properties
Hello fellow BPers
I am considering purchasing a condo in a college town and was wondering what up sides and the possible pit falls were in doing so.
Thanks in advance for your input.
Troy
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
Top 25 "hard money" lenders (Philadelphia loans only) by volume.1. I FUND CITIES2. KIAVI3. ROC3604. CONSTRUCTIVE CAPITAL5. DIRECT MORTGAGE LOAN COMPANY6. ASSET BASED LENDING
Note: Hard money is defined as average l...
Taylor Jardine
Refi or big down payment?
So we currently have a duplex- wahoo! We just had to jump into the game asap and we definitely overspent. It cash flows about $150 /month if we’re not doing any updates to it so it’s quite minimal.
My wife and I are ...
German Hernandez
Sell or take out equity
Hello, would you cash-out refinance or sell to buy more investment properties that will have a higher ROI? Thanks in advance.
Kai G.
Handling of deposit when renewing lease
Hello,
this should be an easy question: I'm renewing the lease for a tenant and I'm using the Zillow platform. The new lease basically is a copy of the old one, but I do not know how to document the deposit "carry ov...
Adam Zachmy
Flipping and Options
A little guidance please. How does flipping actually work? Is the goal simply to tie up the property by finding something below market price and entering into an "option" to by with the seller, then finding a buy...
Kenneth Huddleston
Criteria for a good flip
Hey, i was just hoping you guys could share with me the criteria for when a property is worth your time to flip and when it isn't. I know the basic 70% rule of ARV minus repairs, but what else do i need to know whe...