Roman G Wippel
Newly Landlord Career
I am a newly real estate investor, who acquired a tenant. The deal is as follows: ARV 98 KPurchase Price 47 KRehab Price 15 KHolding Cost/Transfer 1 KARV in 6 months at 70 percent 68.6 KYielded Profit 5.6 KCurrent Ren...
Christopher Lopez
Multi Unit in Arkansas Entity Formation
Hi all, I am looking to take down a 12U MF project in Arkansas. I am doing this with a partner who lives in AR, and I live in FL.We both have LLCs in our respective states. Our original plan was to form an entity in A...
Lisa Borowy
Analyzing Property - requesting documentation
When analyzing a multi-family or apartment is it appropriate and reasonable to ask for documentation on the leasing history and annual/monthly utility cost that is covered by the owner?
Thanks in advance!
Violet G.
GTA house hacking in recent 5 years
hi everyone,I'm new to real estate and i've listened to many BP podcasts, especially the rookie podcast. I'm located in the GTA. it's really hard to get the ball rolling b/c most podcasts feature someone from the stat...
Brea Christopherson
Should I sell or hold?
Hi all-
I need some advice from the BP hive brain. I am currently going through a divorce and trying to figure out whether I should keep our house or sell it. It's a four bedroom/three bathroom SFH in the Denver are...
Kim Wagner
What's considered "normal" repairs for SFR'S in KCMO?
Hi - I'm a new investor with my first home under contact. It's a 100-year-old home located in the urban core (64130 - Blue Hills) of Kansas City. I am purchasing it from out-of-state as a LTR. After inspection this...
James Lee
Advice on first purchase: Rental or House Hack?
Hi BP Friends, This is my first post here but I have been a long time creeper. I am finally to a point where i think i am ready to make the first step into my real estate investing career. First i'd like to lay out my...
Valerie Jean McCloskey
Help - My first offer: Should I buy this condo
1B1B 900 sq ft condo in Canton, MI
Asking price 145,000
Current tenant in place till June 2022
Monthy Rent $1,200
Seeking advice: If I offer $120,000 with 20% down wait till current tenant moves out in June 2022...
Daniel Foster
Long Term Capital Gain vs Normal Income Tax
Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend. Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...
Account Closed
Partners...?
Not sure which forum this should have been posted in but since I'm just starting out myself it seemed like a fit. Is there anybody who has, successfully or unsuccessfully, partnered with another person for buy and hol...