Tim M.
Offer made - then owner filed bankruptcy
I made an offer on a MF short sale in PA - was a solid offer, at least 85%+ of appraised value. 2 months later the bank finally reviewed it and verbally advised my agent that they would be accepting the offer. We have...
Sean Wilt
Thoroughly pleased guest but still left 4 star review :(
We are off to a great start on our new rental. 9 reviews to date and ALL 5 star wtih glowing comments. Just had our 10th guest this year and they wrote publicly and privately very nice and complimentary descriptions...
Loren Howe
Weird insurance quote situation - any advice?
It’s my first time buying a commercial property and I’m still in escrow. I’m naive and wanted to get some input on what may be happening and what you would do.
To avoid escrow delays and tenant upset, I decided to...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Julie Philpott
Is not having Central AC a deal breaker for tenants in Ohio?
Hi everyone,I’ve found a multi-family property in North Linden that I’m interested in purchasing for a buy-and-hold investment. Before this, I’ve come across several older multi-family buildings that lack central AC (...
Todd Magin
Does a Cash Offer Mean All Cash?
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
Jared Khan
Best Down Payment Source
Hi BP - long story short, my cash is tied up in illiquid assets at the moment. I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months...
Michael Kazalas
Fractional Real Estate Investing -- What say you?
Hey BP Community!I’ve been involved in real estate investing for a while but lately I’ve been bullish on fractional real estate investing. For those unfamiliar, it’s where multiple investors co-own a property, outsour...
Rick Turman
20% part of Holding
BP Family,I have a question that has been killing me. It may be dumb, however I need to have a warm and fuzzy as I am unclear how to calculate this and am loosing sleep. I've had an 80/20 Construction loan for a pre...
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
Hey everyone, im new to this community but always wanted to be in real estate. Last week I acquired my FIRST wholesale deal! I'm looking around to find some investors to take it from me and just feel a little lost wit...