Raven Parmer
Duplex zoned single family
I'm sure the answer to this question will vary by location, but here goes. We are under contract for a duplex with an additional carriage house apartment in Louisville, Kentucky. This will be a live-in flip, and we p...
Luke Hoffman
Sell or hold- cashflow destroyed by property taxes
We own two rentals in a small town in Indiana. Property values have gone up approximately 40% in the last two years. We bought a 3bed 1 bath for 125k with a rent of 1,100. We also own a 4bed 2 bath for 137k with a ren...
Dustin Smith
Complex Hard Money Question
Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
Micki M.
Lessons learned from a JV flip gone wrong
...and still going wrong after 18 months...Everyone talks about their real estate “education” which is generally an early deal gone wrong at a cost. My story is the same and I wanted to finally put it on the forums i...
Gustavo Nascimento
What is an acceptable response time for a CPA to prepare my tax return?
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...
Tony H.
First Step to Deal with Inherited Tenant
Hi BP,I have been in contract for a duplex here in Sacramento. Estimated closing is mid July.There is a long time tenant in one of the unit who have lived there since previous previous owner..their rent is so low comp...
Joe Carr
Can you just buy a $1m apartment building?
So hypothetically if you had the money for a down payment of 25% on a $1m apartment building. Which is $250k. Say it has 15 units, and makes $1k/unit. Could you just straight up invest in an apartment building? And sk...
Hal Alam
Newbie, investing in Detroit.
Hello to all BP members.
I've just recently found BP and have to say that after exploring the website, it's a mine of information !
What's also impressed me tremendously is the feeling that the forum is populated by...
Alex Schwartzman
Home Warranty and Property Manager - advice needed
Hello,I recently bought a turn key property in Indianapolis through a member of this forum, this is my first out of state investment and I am not sure what I can and cannot expect from the property managers, so I am a...
Jocelyn Doumani
Help! My tenant is a drug dealer.
My husband and I purchased our first investment property. We renovated it and found tenants to move in on the first of this month. Today, someone randomly reached out to us and warned us about this tenant. That he is ...