Andrew Graziano
Reflecting on my first 5-unit deal and some refinancing questions
Hi all,I purchased a 5-unit property last December. The property consists of a farmhouse converted to 4 1-bedroom units and a single-family home on a 5.5-acre lot in a semi-rural suburb of Buffalo, NY. I ran into some...
Neil Schoepp
What skills should the noob acquire?
I was reading a blog page and the advice given was, to paraphrase, if you can't create a budget and statement of financial condition (balance sheet) for yourself you shouldn't be investing in real estate.....
Samed Arif
Finding reliable handymen/maintenance workers
I am a property manager in Chicago and I am struggling to find reliable handymen/maintenance workers. We only manage 150 units so we can't put someone on the payroll and have them fix things as they come up. I eventua...
Kevin Torrence
Prequalify a city for success
We all know the meaning of location, location, location. But assuming that an investor has all their other ducks in a row, What is the minimum size population a city should have in order to consistently average 4 deal...
Benny Gelbendorf
Mentor VS. course VS. BP
Hi BP'rAs I'm sure, each one here has a different story about how he started. Some of you used books, some of you started investing with a friend and some just made an offer and learned from the mistakes along the way...
Phuong Dinh
Primary Residence/ Capital Gain
Hi,I recently bought a Duplex as a primary residence, I plan to live on one side and rent out the other side.Now I have another plan that i want to sell the Duplex. Since the duplex was under a primary residence loan,...
Lane Kawaoka
Turnkey Rentals in a Sellers Market and Horror Photos
There is no such thing as turnkey. Check out more disaster photos… https://photos.app.goo.gl/R4PZLuOLGHONO5Rl2Not saying that they are better than the stock market but just don't buy them cash only (without an apprais...
ANDREA LOGAN
Section 1250 Gain Recapture
I have a potential sale in 2018 of commercial rental real estate consisting of a building and land. The date of acquisition of the building and land was 3/1/1985. The building is fully depreciated, and I am confused...
Jordan Caffrey
First-Time Homeowner in State College, PA!
Hey everybody,
My wife and I are first-time homeowners in State College, PA, and she's starting to warm up to the idea of house hacking. We just bought a Cape Cod style home in Pine Grove Mills, PA (~10 minutes from ...
Anna Bee
Is it manufactured homes worth investing in?
I'm looking into my first investment property, and I was wondering if it is possible to get ROI on a manufactured home?