Account Closed
Banks, and Designers, and Bears....
Actually, just banks and designers.I found a good lot and I'm building a duplex. I had a great conversation with a builder who was willing to give me a ballpark estimate of construction costs that sounded fairly reas...
Moises Ulloa
Appellate Division overruled foreclosure tax law
Hi All! I’m in the process of closing on a property in NJ which is being sold by another investor who got it through a tax lien foreclosure. During the process I recently learned that the title company working on my c...
Derek Davis
Vacation/ Short Term Rental in the Caribbean
I am interested in buying a beachfront condo in the Caribbean to use as a Vacation property/ Short term rental. The long term plan would be to hold the property as a retirement destination for longer stays after it i...
Patrick Ryan
Should I sell my STR
Purchased a 2nd home in Maine in 2018 and turned it into a STR a year later. Bought the property for 350K. The property could now sell for 700k! The property cash flows around 40K per year after all expenses. The mar...
Austin Sheppard
Airbnb investing in Boston?
I'm considering becoming an Airbnb host in Boston, and it seems to be extremely profitable. However, the city has several regulations restricting short term rentals, and I want to make sure I fully understand the laws...
Satya Patil
Foundation jacking up: Options, Cost and Recommendations
Hi All,One of my SFHs in Sacramento area is showing possible signs of sinking. Contractor's measurement around two adjacent walls of the kitchen were about 1.5 inches off and the rest of the house was about 0.5 inches...
Daniel Carlson
Buying a tenant occupied property with a problem tenant
Hello everyone!I am a soon to be first time investor, but I have run into a problem. A seller just accepted the offer that I put in on a duplex in Columbus. I was able to walk through the property and everything looke...
TJ Woolum
Cap Rate Confusion
Can someone please help me understand cap rates? For some reason I can't wrap my head around it. I understand the mathematical equation... that's easy enough. Cap = NOI / Property Value. NOI is pretty straight for...
Shawn D Augusti
who should sign the lease agreement and utilities ?
Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...
Rubab Sayeed
Hello! First-time buyer looking for some guidance
Hello all. First time posting on BP and looking to get my foot in the door in the world of REI. I'd like to be able to purchase an investment property at some point this year around the Houston area. I was originally ...