Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
Can someone please explain to me why people are buying 2 flats that rent comps show $4,600 a month in income for 665k+? The income doesn't really cover expenses plus debt service. Even if you tell me they are paying c...
Andrew Martinez
Any Investors in or close to south west Inland Empire?
Hello BP friends I am a soon to be investor and I am still the the gaining knowledge stage and I am looking to gain more. I am looking to trade my skills as a handy man/ ASE certified mechanic for a few hours a week i...
Steve Sherman
Getting Federal Tax Lien waived for a Tax Deed Auction property.
Hello BP Fam. I recently won a bid at a Tax Deed auction in St. Louis. When the title report came back on this property, it showed a 57k IRS federal lien against this property. I can still bail on the property and get...
Adam Johnson
Lucky Break or Multiplex Mistake?
Hi guys,Today I stumbled upon an off market deal that has some really great potential, it's a 4 plex located about thirty minutes from my residence; the issue that I have is that the 4 plex is seperated out into both ...
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Business and tax structure for rehabs
Hello all,
Great forum here. I had a question for which I wanted all the experts' opinions...
For tax purposes (lowest tax possible), what is the best business structure (LLC, Corp, etc) for a rehabbing business? I am...
Daniel Gonzalez
Closing on my first deal and I have a couple questions.
Hi All,I will be closing on my first deal in the coming weeks. I'm closing on a duplex in NJ which I intend to househack. From everything I've read and heard, having the proper systems set up when first starting out i...
Sam Gill
Water and sewer bills - how to pass cost to tenants
I am considering buying a rental in the county.Since the water and sewer bills are associated with the taxes at the year end , is there any way of passing these costs to the tenant (is it possible to get a periodical ...
Matt Harris
Eviction process
hey BPNeed some help or advice from someone that has gone through this. Just went to court for an eviction for non payment I learned the paperwork process myself and am representing myself this time. Previously had an...
Joe Krevinghaus
New Licensee
Hello everyone! I am newly licensed in SWFL. I wanted to start a new career in the same space as I want to invest in, multifamily rentals. So I'm looking for any advice on getting started as a multifamily agent. Thank...
Austin Steed
What's your favorite type of lease?
For a long time I was on the 1 year lease train. Be patient, find a good tenant and then lock them in for a year. I've had success with this for my first 10 rentals or so in Columbus OH. However, my most recent lease ...