Rhonda R.
Buying a HUD property in NC
I have been reading BP for a few months now and trying to learn about real estate investing. I am beyond frustrated with dealing with real estate agents. I just placed my first bid on a HUD home and won the bid (lis...
Christina Hall
Lets have a debate! "What would u do with this tax deed?"
This should be fun. Before I explain if anyone needs more details I am happy to provide.I purchased a tax lien back in November 2014. The deed I got was/is part of 6 deeds that put together is a large business in our ...
Sandy Uhlmann
Paper Profits-an excellent book written by a BP member
I just finished reading Joshua Andrew's new book Paper Profits How to Buy and Profit From Notes. This book is one of the best written books on note investing that I have come across. At last a book that I can share ...
Rud Sev
Carry back or forward loss from sale of real estate
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
Karin Leung
Any DSCR providers willing to consider Canadian rental experience?
I'm looking to get into STRs and have a LTR portfolio in Canada since 2012 (SFH and triplex). I've lived in Florida since 2014 and we recently acquired another SFH investment property here and have been renting it out...
Jared W Smith
Market Research / Family as boots on ground
Hello All!
I am researching a market to jump in and purchase some rental properties for buy and hold out of state. This is likely to be an area I would like to stay in long term and build a portfolio.
I did the @Da...
Michael Wentzel
How do I make an educated guess at the appraised value of a 6-unit?
Hey friends,I own 7 residential rental properties with 1-4 units. I'm under-contract on three more of this type. But I am also looking at my first 6-unit. I have talked to the Realtor, the owner, my contractor, my pro...
Vlad Levrints
Are hard money lenders a good choice
Hello everyoneIv been flipping houses since 2017 in New Jersey and had some out of state rentals in Indiana. Recently I’m coming across the same issue while bidding on any house in my area EVERYONE WANTS CASH! which i...
Ian Bower
Help me understand my marketplace... are these deals?
Hey all, I've been looking for my first investment property in my local marketplace (2 hour radius around me) Here is what I have been finding for the most part... SFR - Low cap rate (3% or so) Multi-Units - 10% Cap R...
Keith Thompson
Title search/insurance- what is the difference?
I'm looking at closing on my first rental properties and am pretty confused on the title search/insurance process. My closing estimate includes:Title- Lender's Title Policy- $372Title- Settlement Fee- $680Title- Titl...