Nhu Pham
First BRRRR in Sanford, FL
Investment Info:
Single-family residence buy & hold investment in Carmel.
Purchase price: $215,000
Cash invested: $155,000
First investment property that I decided to use all my cash from inherit...
Corbin Hicks
First purchased property with my Dad
Investment Info:
Mobile home fix & flip investment.
Purchase price: $125,000
Cash invested: $45,000
Sale price: $212,000
Don't let the numbers fool you! This mobile home flip was on an acre &...
James McGovern
Chosing an inspector for commercial multifamily
Looking to purchase my first multifamily property. What criteria should I consider for multiple family property inspection?
Joshua Sun
Top things that affect ARV?
Hi,Wondering if you all have the top things to focus on that affects the ARV during a Flip or BRRRR. Example - Flooring, appliances, windows, countertops, HVAC, bathroom #s, bedroom #s, etc. And some things that first...
Trey Gartner
Water Meter in Chicago
To all my Chicago pros - Does the City of Chicago require an inspection for the installation of a water meter? I want to get one installed on my rental property, but I don't want to invite any prying eyes unnecessari...
Lenny Reinstein
Help a beginner buy the right replacement toilets
I need to replace the 2 old toilets. I measured the rough in as seen below. Seems that I need to buy the 14 inch rough in toilets (which is hard, because only few models are available at Home Depot and Lowes, since th...
Milad Razavi
Best way to find local contractors?
I have a property that I am fixing up in Los Angeles, does anyone have recommendations on best practices for finding local contractors (from plumbing to floors to kitchen to landscaping)? Maybe some sort of an online ...
Toni Guerrero
LLC Member as Contractor - Legal Implications for Liability
Hello all. My husband and I are equal members in an LLC that holds 4 houses, and another LLC that holds one house and one 4plex. We have a property manager who controls all of the properties and historically arranged ...
Erik Kubec
SHST, routine maintenance, de minimis example
Hello BP folks,Here is a real scenario for one of my properties with regard to how to use the Safe Harbor for Small Taxpayers, Routine Maintenance, and/or De Minimis options.Property LCT has an original basis (just th...
Brian Hughes
Snohomish county WA - Mixed use Office - conversion to residential?
Hi All - There is a mixed use commercial office building for sale in Snohomish county, WA. Its mostly office space but has several residential apartments. the office portion is vacant as are some of the apartm...