I am very interested in this unfinished 10 plex in Mahncke Park. I am actively looking for reasons not to buy it; playing devil's advocate. I would greatly appreciate your help and insight. I have gone to the city and...
I've come across an interesting property and Im not sure how to analyse it. This is a multi use commercial property located on the canal in my town. currently it houses 2 storefronts on the first floor neither are ev...
I’m assuming 20% total for vacancy, cap ex, and repairs. Then 10% for pm. Can I lower these figures if the houses are in good areas?
Hi all,
This weekend, I took the plunge and sent out a mailer - I focused on tax delinquent property owners of vacant lots in a nearby county, and sent out 80 focused letters with blind offers. I attached a post-it n...
I know a lot of you buy homes before they go to foreclosure auction. what is your method of approaching them, do you go and knock on their door, and say hi I'm here to take over your payments. here's some walking mone...
Good afternoon everyone,I was hoping to get some advice from some of you who may have partnered on flips before. We have partnered on a few flips already and were wondering what type of return is fair for a private le...
Hi BP'ers,
I am currently in the MHP space and really like this asset class. I am looking to acquire 1-2 more parks in the next 12 months.
I am looking for ideas/suggestions/recommendations on finding partners for ...
Do I need enough cash reserves to cover any possible capital expense at the onset? For example, what if the roof goes bad (somehow) a week after buying the property? Or the water heater? Or both?
Or are there better ...
How do tax deductions work if building a new rental property? I understand you can depreciate things like HVAC and roof over so many year. Does that same depreciation apply to new construction. For example if I buil...
Ring in the New Year with a bang and a world of possibilities! As we step into 2024, let's raise our glasses to fresh opportunities, prosperous investments, and the keys to unlocking success. Happy New Year, investors...