Good Afternoon!I've been looking at a bunch properties and i think i've finally found one that would be a good first investment and i was wondering if the community at BP could help me out at all?It's a 3 story, 5 uni...
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I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
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Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
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Good eveningI am looking to build a team and connect with others in markets that meet or exceed the 1% rule Looking to build out a team of a real estate agent, lender, contractor, and property manager Below is my buy ...
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Hi BPers,I purchased a two-family in North Bergen about two months ago and got it renovated. I worked with a rental agent three weeks ago, who put the listings on Hudson and bergen county MLS, but seems to me that we ...
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I’ve partnered with an owner of quite a few properties in Bloomington and Decatur. Together him and I own a 32 unit just outside Decatur, and it’s doing well. I have a few more units in Urbana that do ok, but not kill...
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I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...
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Hi all, I'm a newbie to real estate! Currently, I'm looking to buy my first rental property. I'm looking at single family home (3B2B) or condo in either AZ or CO. However, most single family home price seems to be out...
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I bought my first property in 2005. It was an 8plex that I purchased for 400k. The 2015 valuation is 610k but I believe it would sell easily for 750k, or 800k (fair price) just by comparing to similar properties. In 2...
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I recently had a condo receive water damage from the unit above, there was enough water that it damaged my unit and the unit bellow me. Apparently there is what's called the master insurance policy that is supposed to...