Hayley Henning
Section 8
Hey BP!
Does anyone have experience with Section 8? I'm very curious to hear your experience, pros and cons. Thanks!
Keelin Brown
Subject: Inquiry on Property Offer Strategy
I have a question regarding a property. I recently received a call about a property located at Cairo, GA . The owner is asking $55,000, but it requires substantial renovations. After checking the comparable sales (ARV...
Daniella Spears
Gave contractor the last check of 15k and he died.
I've was almost completely done with a new build in Dawsonville Georgia and I gave my contractor the last check of 15k and he then passed away. His son worked with him too and said to save all my receipts and he will...
Rachel Rendall
Can you sell individual units of a fourplex?
Hi BP community,I am interested in buying a fourplex, but the downpayment will be substantial. I am wondering if after buying the fourplex I would be able to sell one of the units (each of the units is the size of a s...
John Fulton
Commission Splits; Berkshire Hathaway, Coldwell Banker, etc., etc
Your real estate brokerage corporation; Berkshire Hathaway, Coldwell Banker, Remax, etc., etc., probably isn't even profitable on the Realtor/agent side of the business. Their profitability leans heavily on the ancil...
Clive Smith
Parent and child llc tax question
Parent llC in wyoming - 50% owned by me and 50% owned by my spouse
Child LLC in North Carolina - 100% owned by parent LLC
We brought one 5 unit property in NC in 2021 using Child LLC name as owner and paid cash.
P...
Doug Quist
Someone who has done a subject-to deal in SE Idaho
I'm interested in connecting with someone who has done a subject-to deal in South East Idaho in the last couple years.
I'm under contract to buy a house where the sellers were pretty "motivated" to sell. They lowere...
Gene Finley
Single Condo Unit-House Hack
So I'm still very new to the forums and BP but I've got an interesting scenario to run by you all. To set a bit of context I bought a condo in the West Loop of Chicago 2 years ago. If you are familiar with the area ...
Jason Malabute
Bloomington IN cap rates
I've talked to a couple apartment owners in Bloomington, IN they told me:1. Is it true that cap rates in Bloomington Indiana for multifamily buildings is 4-6% and multifamily apartments are going for $100k a door?2. A...
Account Closed
Liens
Hi!We have a seller that wants to sell their rental that was intended for a flip. It was purchased at an HOA auction and he now knows there's a lien on the property and wants out. If we purchase the property (has grea...