Ian Heritage
How to determine UK building value for US tax depreciation
I am submitting my US tax return for 2011 & I have a house in the UK which I am renting out. As part of my return I need to enter the % of the building is worth versus the land for deprecation purposes.
The person...
Branden Wintermyer
Questions to Ask Over the Phone to a Potential Seller
As a novice in wholesaling, I'd appreciate your insights on the essential questions to ask potential sellers before scheduling property assessments. I want to ensure a focused approach, avoiding time wastage for both ...
Zeshan Choudhry
Lender in Pittsburgh for refinancing - BRRRR
I am looking to use the BRRRR strategy to acquire rental properties in the Pittsburgh area. I have come across a few properties that I am very interested in, but wanted to find a lender in advance to ensure I will be ...
James McGovern
Chosing an inspector for commercial multifamily
Looking to purchase my first multifamily property. What criteria should I consider for multiple family property inspection?
Eric S.
Does NJ "7% interest on security deposit" apply after move out?
In bold is a NJ statute regarding notification (or lack thereof) of security deposit information and the penalty assessed when landlord fails to notify and cure. Following that are my questions:
If notification is no...
Nick Franks
FHA inspection repairs advice
Hello everyone,
I hope you're all doing well. I'm reaching out today to seek some advice and recommendations regarding home repairs that I'm currently considering, particularly during the closing period. To provide s...
Sebastian Giraldo
Investors: Thoughts on this Miami, FL 4-unit deal!? My goal is to BRRR in year 1-2.
The property is located in North Miami, FL. I'd say it is a solid B class location 5 min driving to home depot, whole foods, publix, LA Fitness. 12 min driving to Surfside beach and Bal Harbor. Sales price: $900,000Se...
Rachel Rendall
Can you sell individual units of a fourplex?
Hi BP community,I am interested in buying a fourplex, but the downpayment will be substantial. I am wondering if after buying the fourplex I would be able to sell one of the units (each of the units is the size of a s...
Kalyanii K.
Post and beam foundation
I'm looking at a 4 plex that is distressed with post and beam foundation. I've heard that some lenders don't want to lend to units with post and beam foundation. Has this been anyone else's experience?
Account Closed
Help! Can someone explain Redeemable Tax Deed sales in TN?
From what I (think I) know, Tennessee is one of 5 states that have Redeemable Tax Deed sales. It looks like to me, that the winning bid is the highest amount of money which needs to be paid within 5 business days. The...