Corey Drexler
How much per unit is considered good cash flow in Pittsburgh,Pa
I am looking for my first property. I want to know how much cash flow I should shoot for? At worst is only living for free considered a base hit, obviously I should shoot for positive cash flow, but how much per unit...
Kevin Danikowski
Owning Majority Stake in Condo Association... Risks??
I'm having difficulty finding this information. I am looking at a condo package deal in which I would purchase multiple condos and own majority stake in the association. The 3-5 year goal is to convert it into an apar...
LeeJ Hinkle
Seller financing terms
I'm looking to buy my first plex on seller financing. I've found a property and initiated the conversation with the seller, but I'm at a loss as to what fair terms for a seller-financed deal are.What have you seen? d...
Davis C.
Cook County back taxes/forfeited taxes resolved during closing?
If there is a property with several years of open back taxes, with a few years forfeited (offered at sale but not purchased), do they need to be paid off before closing? Or can it be handed like normal, with the debt ...
Donnie M.
Alabama Tax Deed Purchase Help
I am in negotiation with someone who is selling a Tax Deed from 2010. They will be selling with a quit claim deed.The property is vacant and has been so for a couple of years according to neighbors and condition of p...
Rob L.
Apartment Buying- Boston, MA NEW MASTERMIND GROUP
One of my goals this year is to buy a larger apartment building (+10 Units). Were refinancing a 7 unit we bought last year and I want to reinvest that into a larger building.With that, I thought it would be great to s...
Cameron Daste
Loan Strategy - How to Manage
Not going to lie, the amount of interest paid over the life of a typical mortgage is insane to me. I'm guessing I can't be the only one...
How do people find comfort in knowing the interest payments, over time, could...
Natalie Heo
Newbie from new york / new jersey
Hi all,Newbie from NY/NJ area ... getting my first footsteps into the real estate world.I am currently working full time at corporate law firm (immigration practice team) and a full time mom.I always had my desire in ...
Katy Oh
Current House... rental or sale?
Hello and Happy Wednesday! Loving BP and the knowledge gained as we enter into the world of investing. We currently own a house as of 17 years, refinanced once, in which mortgage payments are quite high.1. Should we c...
Tess Fike
Long-Term Capital Gains Deductions
My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...