Zinzi A.
Purchasing tax delinquent property
Hi BP community. I recently came across a property that is delinquent on taxes. I am informed that the owner has received notice that the property is now in the process of being taken as a result of this delinquency. ...
Connie Tan
Renter did not sign the lease but confirmed the agreement by email and payment
In May, my renter and I agreed to add a purchase option to the lease so they would have the exclusive right to purchase my house at a set price within a year. In return, they had to give me $2k+ non-refundable funds....
Jared Pittman
buying a tenant occupied home
ok, so here i am analyzing some properties. i want to buy a tenant occupied home and some of them are already in good cash flow shape, but for a couple others the rent needs to be raised, it seems low for the area as...
Chris Kaylor
Do you perfer investment properties that need work or turnkey?
With investing there is always the question on condition of the property verse price. What type of investor are you? What is the biggest mistake with investing that you will never do again?
Dan Rudolph
Tax Deductible Investing
My W2 income over the next 3 years is going to be significantly higher than normal. Is there any way to avoid paying a high personal income tax rate on this income? I understand that if I am a "Real Estate Professio...
Stephanie Bureau
Maintenance Expense Fund
So I know with the 50% rule you should account for half of your rent to go towards maintenance and repair expenses. Since not all expenses are going to happen every month like capex (is that how you write it or is it ...
Gina Worsham
Condo for Auction
I found a condo in Searcy that appears to be a good deal. I've never bid on a property and am a bit hesitant. I'm in search of a loan for this deal. There is a $5,000 deposit that is refunded if I do not win the b...
Casey Miles
1031 Exchange Fees
I'm looking to sell 2-3 single family homes and buy a MF. I've been quoted a per transaction cost (each sale, each purchase being 1 transaction) I'd be looking at 3-4 transactions in this scenario. How much in fees ha...
Willny Guifarro
Million dollar Potential wholesale deal
Hey fellow BP members
I'd like to get you guys and put on this deal I'm supposed to get on the contract. It's a packet of apartment buildings in Jefferson Louisiana. 77 units in total. Bringing in $48,000 a month in r...
Angel Garcia
Return on Assets
What is a good ROA on a single family home?I guess I'm asking is. what percent after all paid for should you expect to take home in cash?