Account Closed
Typical rent increase per year
How much do you typically increase rent per year? Is it different in a hot market vs. a slow market? Please share what market you invest in.
Debra N.
House under contract and owner sold it
We have a house under contract (going on 3 weeks now). It is a rat trap and a hard sell, but we have an investor that wanted to see it. We called the owner to make arrangements and he said he sold it to his neighbor...
Jasmine Willois
What do you do when your seller files for BK?
Just wondering if anyone out there knows what to do when your seller goes out of business, specifically files for BK and you need additional transfer docs or re-executed assignments? This has happened to a pretty esta...
Brian Stuart
Determining Fix and Flip ARV
Good afternoon BP.
I am looking to get started flipping houses, but am having a little trouble figuring out ARV. I have done research and run the numbers on practice properties in more established markets, but am ha...
Jeff Brown
Reducing Capital Gains with adjusted cost basis/ self contractor payment
Hey guys, this falls under a tax strategy question, however some of you may have had this scenario happen before.
I'm looking to sell a commercial property that has one renter in the building (business commercial). ...
Steve Fitzgerald
Add screening criteria to rental listing
I’m getting a bunch of interest in an apartment that I rent out, but 50%+ don’t meet my screening criteria. Do you include your screening criteria in your ad to cut down on potential renters who don’t meet the screeni...
Nina Granberry
Inherited Section 8 Tenant = Now What?
I just finished reading a recent article by G. Brian Davis on the pros and cons of having section 8 tenant during this recession and it made me reflect on my own situation.
I just closed on a duplex last week that...
Jesse Lewis
The Current Plan (Part 1)
Hello everyone.
It's been a while since I've visited my BP account. But I have reached my bottom and now I am taking action. I've always wanted to invest in real estate and never have for one reason or another. But n...
Jessica Coulter
Conversation on mentorship
!!! (NOT asking/searching for mentorship through this post. Just looking for information ABOUT your experience with mentorship) !!!Looking into mentorship to help along this journey as I'm fairly new to Real Estate In...
Anthony Conte
Landscapping and Inspections Questions
hello all.My 1st post on this forum. Wondering if someone can help me out with a couple of tax questions I have. Any help is greatly appreciated.1. Recently bought a property and as part of the 'Option Period' I ha...