Brian Fiorillo
Minimum number of units to determine value using cap rate
Good Morning BP,
My agent and general contractor are walking an eight unit apartment building for me today. Initial review of the numbers looks great. My question is, at what point are you using cap rate to determine...
Isabel Andrade
Where do we begin ?
Hello members of BP , I joined BP a few months ago but stepped away for a few . I’m now back with the goal to finally invest in real estate properties. My husband and I became homeowners back in January . We bought a ...
Brad Cogswell
Baltimore tax lien - cost to foreclose
Hey BP, and particularly Baltimore folks - Another BP member, @Kenneth Futrell , and I are thinking of doing some work together on a tax lien that he purchased. We had a couple questions and were hoping some folks who...
Account Closed
Fake reviews: Is this mortgage broker legit?
I found a mortgage broker online (on lending411) as I was annoyed with my national bank (which I found is being sued by the govt!) for giving me the run around and pretty much taking so long on my application.
...
Brendan Campbell
Vacation rental property buy in
first time posting here everybody.... So I am a young professional guy with a decent stable job and some cash in the bank. My parents, through family connections inherited a 50% stake in a South Florida condo. I was ...
John Curseaden
70% Rule
When, if ever, do you depart from the 70% rule in making your max offer on a property?
Shane H.
6 plex - Issues, concerns, repairs, etc...
Hi everyone, I do not even know where to start with this one as there are so many variables and things to cover, but I could really use an outside opinion.
My wife and I are looking to get into our first rent...
Tim Johnson
Private money lending to "secondary circle"
Morning all,I am thinking about lending on a private money opportunity in the Tulsa, OK area. The investor has already purchased the home, done a few months of work on it, and needs money to finish rehabbing - asking ...
Solomon Oh
Returned letters from Direct Mail Campaign
Dear Fellow Bp'ers-What a start to 2017! Decided to pony up the money to start marketing consistently for the next 6 months and hit my area hard with mailers. I've sent out 600 letters for the month of January and rec...
Dane C.
Short Term Rental Tax Loophole for Physician
I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...