Corey Reyment
How do I raise the rents in a newly acquired property??
Hello BP!We are closing on a new rental property on December 30th. It is an upper/lower duplex. The upper is 2bed/1bath and rents for $650. The lower is a 2bed/1bath and rents for $500. The lower has lived there for a...
Jordyn Njoroge
Will a bank consider a convention loan for REO or HUD properties?
On some forums people say they will only take all cash buyers, of course i wouldn't even consider purchasing until I have professional guidance on my side as these properties come with surprises. But what's the real a...
Chatree C.
Need some advices on 46201
Hi everyone, I'm an aspiring investor from the Bay Area. I used to live in Indy for 5 years for up until '08 and now want to invest back in Indy. I've been looking mainly at areas right outside of 465 and Meridian-Kes...
Josef G.
LESSONS LEARNED AFTER YOUR FIRST DEAL
Hello,
What are some of the most important lessons you have learned after doing your first deal?
This could include you either BUYING your first investment property or BUILDING your first investment property.
Any...
Rohit Lakhani
Richmond VA RE Investment Opportunities
Hi folks - new to BP and am finding tons of useful resources and connections. I'm looking to explore REI opportunities in the Richmond VA area. Hoping to hear from folks who are either investing in the area or can pro...
Vic Delgado
Small commercial building Cleveland, OH, Lee Road/I480
Hi everyone! Well I finally got my first Yellow Letters mailing out and was excited to see the results from day one. Outside of the two responses that warned to report me to the police, and one that actually took the ...
Matt F.
tax consequences of selling rental property?
can anyone simply explain the tax consequences as a result of selling a rental property thats been depreciated? i hear folks refer to depreciation "recapture" but not entirely sure what that means.
Account Closed
Foreclosures
My REO Realtor said I need a POF letter to have my offers looked at,do I just simply tell my buyers I need a POF from them or what?
Nikolas K.
'Calibrating' home repairs/improvements costs
Hi All,Fairly new to the game (but with a huge appetite for learning!). I have walked into a couple properties and two strong emotions come to me: i) just felt like there was no way I would live in those properties an...
Marcus Carter
Closing Costs
I'd really appreciate any insight on how/if closing costs figure into wholesaling. I'm from Chicago so if there is area specific information, two thumbs up! Thanks in advance.