James Wesley
Buy & Hold property-yes/no for cash flow?
First time multi-family investor here. Using the Rental Property Calculator But having a hard time reconciling the number since I keep coming up with negative cash flow regardless of how I update the numbers. Thoughts...
Bobby Griffin
Help!!Tenant proposing law suit...need advice
Hi all, been a lurker for a long time and finally need some real advice about a previous tenant. Story as follows:
I had a tenant who was constantly late on rent who I filed eviction notices for on more than a few oc...
Shawn Nguyen
My brother and I made almost $42,000 on first flip!
Hi everyone,
My brother and I just made $42,000 on our first flip. Our business is slow, so we decided to flip house. My original plan was to buy a fourplex and invest in it, but the price was just ridiculously high...
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Mark Yuschak
Evaluating an apartment complex
A BP member and I are considering a relatively small apartment complex in the southeast Michigan area.
Here are the details which we know of at this point...
48 unit c...
Colin Perry
foreclosure opportunity advice - North Carolina property
Hello All, I'm finally trying to get off "podcast mode" in my BP experience and get off the sidelines. I've learned a lot from listening to others (and some past experience including buying my own house at foreclosur...
Carlton Francis
Newbie In Orange County, California
Hello!I am Carlton Francis and I recently moved to Irvine, California from Port Saint Lucie, FL with my wife and one year old daughter. I've always heard that there is much opportunity in Real Estate Investment, but a...
Zachary Gwin
Help! Can I flip w/ bad credit?
Hey guys, I need help and I wouldn't trust anyone but me fellow Pocketeers to advise me.I'm 21 and my credit score is laughable and rather embarrassing ( go ahead and laugh at my pain, it's ok ). Mentally I feel ready...
Jacob I Strauss
D4D, Direct mail, and Wholesalers which works best?
Friends,A penny for your thoughts on advertising being that I'm very much small time I am looking for your opinion and maybe what worked best for you. So I am on the hunt for my first deal and after about a month with...
Gregory Schwartz
Triple Net Analysis: How to calculate expense
Question for you all concerning the analysis of a triple net property.
I'm working with a client who's interested in a 6,000SF office space set up for medical spaces. I've researched average per sqft rent (16.50 / SF...