Jeff Piscioniere
Buying out partners on a great property they want to sell
Ok I need some math help! This is probably common sense, just a lot of moving parts I’m jumbling around. ScenarioGreat 2 family property in upstate CT with monthly cashflow of $700. Bought with 2 business partners (f...
Dale Nesmith
Cleveland Back Taxes
I was looking at listings for Cleveland area. It seems many ads mention that the property has back taxes owed. You would be responsible for any back taxes owed if you buy the property. Some ads mention you can set up ...
Bridget A.
How should I take title with husband and co-signor?
My husband and I are buying a 1M house and we are putting down 235k. His father is co-signing the loan so we could go conventional. For his protection we are putting 1 year worth of payments including property taxes ...
Malika Mukhamedova
Duplex in Cleveland listed as Triplex
We locked up listed Triplex in a Cleveland Ohio. Large, high ceiling 2BD/1Ba Third unit did not have stove and during our due diligence, we found out that Cleveland Heights City zoned it as Duplex and County zoned it...
Hossam Elaskalani
Questions to ask Home Inspector?
Hello,So I plan on viewing properties soon and am currently in the process of building my team. My mentor suggested I find a home inspector soon. This brings me to this question: What kind of questions should I ask th...
Brie Schmidt
Legal? Tenant putting cameras in laundry room?
So I have a 3 flat with 1 tenant who is just causing problems. They are all in leases till June and he pays, so nothing I can do. But for the last 6 weeks it has been one thing after another and recently he thinks s...
Patrick Q.
Existing Tenants No Lease
Hi All,I have submitted an offer on a 2 family property that would be a house hack for me.There are existing tenants in one of the units.They pay cash and don’t have a lease (so I am told and have no reason to believe...
Simon Obas
Roofing question for a flip
Peace. Currently working on a flip and the home needs a new roof. I am thinking about having a contractor lay new shingles over the existing roof. Is that a no no? Or is that pretty common? How will it impact me when ...
Cindy Gonzalez
Analyzing 12-unit apartment building
Hi BP,I am analyzing a 12-unit apartment building in the Fort Lauderdale area and even though their operating expenses seem low, the valuation I came up with after adjusting the numbers is off by A LOT so I wanted to ...
Jahmal White
Tax deeds for Land in Arkansas
Hi BP, I am a new investor and new to BP. I have recently purchased 3 lots of land off a post auction list in Arkansas and want to resell. And reading up on the Limited Warranty Deed that is given, this doesn't clear ...