Julie Inderkum
Silly to Buy a Rental Before Owning Own Home?
First, thank you to the BP community for all the helpful knowledge and insight. I just discovered this amazing resource last week and have already learned so much!I am hoping to purchase my first rental property in th...
Scott Lunn
What to watch out for with wholesalers
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
Kevin Barnett
Current trends --- what sells, what doesn't
I am just now starting work on my first rehab. I'm finding out that there are some difficult decisions to make. If this was a complete burn-out and I had to replace EVERYTHING then it wouldn't be such a hard decision ...
Dwight Bradshaw
Which LLC company for flipping?
I'm brand new and am planning on forming a Fix and Flip LLC taxed as an S corp. From my reading this seems to be the way to go for this part of my REI.
My question is:
If my company is Bradshaw Properties, LLC then ...
Alice B.
We downsized our primary home and now have $500K spare.
We downsized from a mortgage-free $600K home in a pricey market to a $100K home in Las Vegas, and have the excess available for investing. These two homes are the only ones we have ever owned. I'm not comfortable with...
Amy Ranae
How to value a multi family apartment building
Hello BP Friends!I'm looking for a 10-30 unit apartment building in my market place by pulling the tax records of buildings with this many units, then looking them up and doing some research before finding the owner a...
Andy More
Flip-Why Wont This Work?
I know most here will rip this deal to shreds and says its too thin, but why? What am I missing. The property is a duplex in immaculate condition and rents for $1,500 per month. I know this neighborhood like the back ...
Josh Cook
What can you ask seller to fix from inspection
Hi Everyone,
I am finishing up the inspection period on a duplex in Minneapolis and there are a decent amount of health and safety issues including mold/moisture in the occupied unit. I got a quote to fix it and it's...
Charles H.
Strategy when making an offer on WAY overpriced building
Hello all,so I found a 10 units building, that is apparently with 50% vacancy. Not much info except that it is listed with the potential GRI of $70500. it's listed for $450,000 (lol). Not renovated in a while. Roof se...
Fred Shandler
Acquire a property via owner financing, the refi?
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?