Hi Everyone, I'm under contract for a multifamily property for $300k.  Bank appraisal came in at $282k.  Appraisal came in low because there are few multifamily comps and they all sell at massive discount because they...

Anyone have experience wholesaling properties already listed. Thinking of finding investment property’s for out of state investors

My wife and I are going to look at two properties tomorrow that we are evaluating as short term rental investments. The properties are in the North Carolina mountains (near Boone), where there are lots of outdoor acti...

I'm 19 years old and my parents have been getting on my case lately, Pay us this a week, pay us that, step up to the plate, you use our washer , our dryer, and the oven, you eat our food and so on. I think it's time ...

Hi everyone!
I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on...

Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question.  How do you calculate tax on a  1031 Boot?  Here's our situation:   We sold one property and...

I have a couple of duplexes (upper and lower in each building) and each duplex has one furnace for both upper and lower units, I am paying the utilities right now, but would really like to have the tenants pay for ...

Hi everyone! My name is Will. I've been interested in real estate investing for several years now but haven't pulled the trigger on yet due to paralysis analysis. Just to keep things as basic as possible on my first d...

I have a house that has some active knob and tube wiring still in the house. I have been gathering quotes to update all of the wiring and update the panel but the quotes are coming out a lot higher than I was expectin...

Hello,The weather outside my rental unit is 61F and my tenant has already started running his centralized AC perhaps he thinks we have already hit the summer. Is this normal? I am bit worried there may be adverse effe...