Brady Lamprecht
Should I provide a deposit to a contractor for out-of-state work?
Here is a fairly basic question I've got concerning out-of-state investing and I'm looking to get people's opinion concerning hiring a contractor to work on a project with me.I recently read @David Greene's book on ti...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Sharon Powell
Tenant Screening Dilemma: HUD-VASH vs. Terrible Credit
Good morning! I'm screening for my first SF rental, struggling with a decision, and would appreciate some feedback.The candidate I like best is a single mom with 4 well-behaved children. She seems to have a pretty g...
Shannon Allaire
What do I do with all this equity?
Hey Moguls,Newbie looking for advice on the best use of the ~$170K in equity I have in my SFH in East Oakland. I bought it in late 2015 and my home's value has gone up a lot. Currently, I live in one room and rent out...
John Gillick
Where are all the aggressive accountants?
I have had a lot of accountants, some good, some bad, but none of them will do anything but paperwork.
I'm ready for an aggressive accountant.
Where are the accountants that are going to tell me how to write off...
Omer Ashkenazi
multifamilies door lock systerm?
Hey BP,I own a few small multifamilies and am now up to 14 doors. At the moment, each unit has unique keys for the front and back doors. So, I have about 30 keys, not including keys to side doors, basements, etc. R...
Gerardo Hernandez
New to Airbnb in Scottsdale Az
Hello everyone new to BP. I am currently in the process of buying a condo in Old Town Scottsdale which is in AZ. I am thinking of doing Airbnb during the peak times here (Jan-April) does anyone Airbnb in AZ? Any advic...
Charlie MacPherson
Universal Rent Control? Cynthia Nixon has proposed it for NY!!
I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
Jonathan Satizabal
Purchasing properties with "illegal" units
Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
David Greyshock
Appraisals
I have been looking at turnkey investment companies lately for out of state investing. One of the common themes is that there may be a discrepancy between the asking price and the appraised value(possibly higher) So...