Michael Cleary
Tree Removal: Thoughts on Necessity
Hello folks! Have you ever had to budget tree removal into rehab expenses for properties your analyzing based on their proximity to the house? I had a sour gum tree barely miss my personal property after falling due t...
Benjamin Chambers
Military Veteran peaks
Good afternoon all! I was active duty Army for 4 years and in the National Guard now. I was wondering if any Military veterans out here have any advice or tips for someone starting up. Anything for maybe know a place ...
Marc M.
Pitching Seller Financing for Estate Planning
Hi Folks,I'm wondering if anyone out there can help me get the 30,000 foot view of how seller financing could be an advantageous route for estate planning? My father in-law owns a 3-unit rental property that he's had ...
Peter Wentworth
Pricing of Subdivision
I'm looking at purchasing an existing 5 Lot subdivision in Maine and then selling the lots off. The market value of the unimproved lots is $150K each. What kind of price should I be looking at to purchase the entir...
Fred Kite
Purchase second mortgage?
There is a house in pre-foreclosure in FL I am interested in buying for rehab and to live in.The first mortgage is around $200k and there is a second mortgage for around $100k.House is in very poor condition and needs...
Satish L.
Rehab items/strategies to maximize ARV
Hello, I recently closed on my first (duplex) property to BRRRR. The property is in decent shape and requires medium rehab. As a newbie to this, I’d like to know what are some ‘typical’ rehab items/strategy to maximiz...
Dave McEvoy
Pay attorney if deal falls apart?
I'm about to sign a contract for a wholesale deal in NY. Putting $500 EMD. My attorney said if the deal falls through that I'm out my EMD and have to pay him. I wanted an inspection clause to protect me in case I canc...
Hersh M.
Is Zillow tax estimate any good?
I was trying to analyze a property in Fort Worth, Texas.I looked up the taxes on Zillow as well as on the county assessor site. The 2 are very different for 2012. One is about $2000 and the other is about $3000.For 20...
Sam Clement
New Member: Developer from Ithaca, NY
Hi BP members! My name is Sam Clement and I'm a commercial developer from Ithaca, NY. After graduating from Cornell University I got involved in real estate full time and have been working on developing full scale pro...
Ron P.
Accounting for Multiple Flips
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...