We are in Georgia and This is a cash sale and we gave the seller 2 months per their request. They do not actually live in the house and it was basically used for storage. The sellers agent told us today that they will...
Hello awesome Bigger Pockets community --We're new investors with a location shortlist that includes Myrtle Beach, SC, and we really want to connect with BP members who have recent experience or interest there!We're p...
Just as you’d expect, I’m looking to build properties (should the numbers work) instead of buying older buildings with questionable histories. The question here is, how many of you have done the same and how has it wo...
In the process of investing in a syndication and need to have my accreditation validated. I sent the form I was given via the crowdfunding site and sent along to my CPA. He unfortunately said he doesn't know what an a...
I have a self-directed IRA. I collect interest on loans made out of that account. Does the custodian or I have the requirement to send a 1098 to the borrower? I should at least keep track of that and let the borrower ...
I have talked to the city near me, they have a plan for redevelopment. How will the city control the redevelopment? How can I get in on the action? There is a small piece of property near the light rail station, tha...
When running numbers on a property what cost numbers do you use as a rule of thumb for Cap-Ex per unit, per year, by Class?
I know this could be nitpicked to death with a lot of other factors such as year built, Roof...
Hello I'm a general contractor who is being doing rehab for 15 years for investors i mean complete turn key, but two years ago i decide to get in to the business of real estate to learn more about it, im strongly to ...
Hi Biggerpockets!Here's a unique wholesale obstacle that I'm struggling to find a solution to. I just wholesaled a piece of land in Tiverton, Rhode Island for an end price of $55,000. Both the seller and buyer were pl...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Swampscott.
Purchase price: $265,900
Cash invested: $50,000
Sale price: $300,000
Worked well as a live in income prope...