Martin Z.
high property tax assessed on retail property purchase in California
got a retail location from auction.com it was bought at 500k a few months ago but it came back assessed at 950k. It was previously assessed at 2 Million by previous owners. I was in hopes of it coming assessed at the ...
Jack Zuchars
Any advice for Tax Lien starters?
Toying with the idea of tax liens. Mostly because it seems to involve somewhat lower cash outflow. My questions to the group are,
-what should I absolutely watch out for?
- I've heard FL and TX are good states to...
Dustin Beam
Two Part Question Regarding Joint Ventures
Hello beautiful people of BP,I have come across a duplex I think could be a very solid deal. It's in a desirable area, with good schools and low crime. It should attract quality tenants. The owner had the property app...
Adam Whitney
Lakeland, FL Investors
Are supply cost high for flippers right now? What’s the average price per sqft to rehab in Lakeland? I’d love to chat with other Lakeland investors.
Nathan Peatrowsky
Rapid City, SD Duplex First Deal
Hello!I am currently looking at a Duplex with 2 tenants in place. The asking price is 83500 and gross monthly rent is 1700. On paper this deal looks fantastic.I am currently a student thus no steady income to easily a...
Amy H.
Timing of End of Lease
My apologies in advance for what is likely an old subject; however, I can't seem to find this addressed in the forums anywhere: What are the best months in which to end a lease? Also, we just purchased a property, s...
Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Kyle Lewis
CapEx reserves included in expenses?
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Stuart M.
Banks/CU's that will use a lease/less than 2 yrs rent for a HELOC
I'm looking for banks/CU's you've used that will give you a HELOC on an investment property and use the rental income for your DTI calculation even if you haven't rented it for 2 years - if you've only rented it for 6...
Ben Anderson
Advice for Speeding Up 203k Rehab
I'm a new investor on the southside of Chicago closing on a two flat next month. I will live in one unit and rent the other one out. I have a 203k rehab loan. I have a HUD consultant too. The scope of work mainly cons...