Paul Clements
Tax question on selling principal residence
(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
Tony S.
18-Unit Rehab: Replace Panel Walls with Drywall or Just Paint?
Hi all,I'm wrestling with a rehab question regarding panel walls. I'm about to purchase an 18-Unit apartment complex with full panel walls and popcorn ceiling. What is everyone's view on panel walls? Of course it's...
Grace Wang
Is this a deal?
Was offered with a turnkey deal in Indiananpolis, INDuplex, 2 bedroom and 2 bath (1 bed, 1 bath each unit)Monthly rent : 1100 ($550 each side)Tax per year: $684Acquisition cost: $35,000 (per zillow, it was selling for...
Thomasina Singleton
First Time Wholesaling
I am Newbie and getting different information on how to do this deal...please advise, before I commit tonight.
I have a property I just looked at with the realtor. There is no mortgage on this property, clean title. ...
Michael Vaughn
Pricing expectations on assets in advanced foreclosure state
I have recently to looks into more and more deals which includes loans currently in advanced foreclosure status, for example , anything from a few hearings done to FC sale date set and it is 30-60 days.How do you chan...
Thorsten Ziehme
Condo. How much is this really going to cost?
Hi,
This is my first post on this forum so I’d like to say hello to y’all. I am a native German and live in Greenville, SC w/ my American wife and three kids. We just started looking into buying a condo at the beach....
Roman Pak
Frustrated with my Financial Partner
Several months ago, I entered into a partnership with someone that was offering to put up all of the money for my investments. We agreed in the beginning that we would be flipping houses for a 60/40 split. I get the 6...
Johnny Accardo
Vacation Rental or Midwest BRRRR for first REI
Hello all!I’m new here. I’ve been scouring the forums and BP podcasts for a few weeks now and would love to hear your guys’ input. I seem to be a wee bit scatterbrained with all the possibilities and strategies so any...
Cory Lucas
Numbers not working?
Hey BP, curious if anyone has thoughts on the BP calculator with regards to the Rental Property analysis vs the 50% rule? I've been using the rental property analysis calculator and when I plug the expense numbers in ...
Sean Kollee
inner city duplex part 1-4
OK, Im going to run through a project here in its painful entirety - start to finish. I will figure out if I can post here efficiently so it is easy to follow along, text, images etc. I have all the material on my we...