Lam N.
Is a live-in 2-year flip really a thing?
To understand where I'm coming from, read this other thread I started.https://www.biggerpockets.com/forums/67/topics/445...I did a google search for live-in 2-year flip, and the only things that show up are articles t...
Account Closed
Looking for advice on an analysis of a triplex in Minnesota
Hello fellow BP members. My name is Sean Dawson, I am a biggerpockets member and have been analyzing multifamily deals in the outer areas of the Twin Cities using the biggerpockets calculators and ran across a triple...
Kate Stallmann
Duplex Deal
Hello BP,I currently own a 2/2 condo in a good 4 season vacation town in NH. This is my primary residence. Since discovering BP I have been thinking (some might say obsessing) about RE as a way to build long term in...
Daria Sukhenko
Newbie found really good deal, but having cold feet
Hello everyone!I've been really interested in REI for sometime now: reading BP forums, listening to podcasts, but haven't closed a deal yet, simply because I'm in my educational phase of REI now. However, I've been wo...
Michael Healy
Attorney screw-up: home address on LLC settlement docs?
Hi everyone,I need some advice. I set up through my attorney an LLC with a PO Box and street addressing. I did this many months in advance of closing on my first property, which took place on 9/30.Yesterday I picked u...
Justin Polston
What have been your main issues with your current PM?
Good morning everyone! Hope your day's off to a fantastic start!Right to it - even if you are satisfied with your current PM, what don't you like? What would you change? If you have the 1 in 100 rockstar, what are the...
Kevin G.
Would you flip a house with interior fire damage?
Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...
Bill Hinshaw
Our First Flip
Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
Frank Ugboh
Non conforming Units
If someone is selling a 4 unit with 2 units non conforming (top and garden). They already have a tenant in one of the non conforming units. How much of a discount should I ask for or is having non conforming units som...
Ron Singh
Tax deductions and advantages for : Syndications VS buying+managing mf property
Exploring pros and cons and also evaluating what option provides more advantages to w2 earner in terms of better tax deductions - A. Syndications: will get K1 form, what does it include ? prop tax,mortgage interest an...