Ben C.
Interior Demolition Question
Hello,
I am gutting the interior of an investment down to the studs.
My question is would you have the demo company remove all electrical and plumbing wiring (it all needs to be updated) at the same time of demoin...
Alexander Forrester
First property
I was just told by my grandparents that I could have the trailer in the lot that they just bought. The only stipulation is that I would need to pay for it to be transported and fixed up in order to start renting it ou...
Roger R.
Property taxes after you purchase
Do property taxes automatically get re-assessed after you buy a property based on the purchase price you pay? If it does, how do you really evaluate a property properly?
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Joseph Montes
Is it worth going after tenants in small claims court?
Hello BP community,
In January, I made a post (http://goo.gl/B42l3t) detailing the woes I’d encountered while trying to wrangle payments from the two tenants in my 3BR SFH in Lansing, MI. It’s March now and, ...
Marvin S.
What makes a leased occupied SFH a good investment property?
Hi all. I am currently in discussion with a seller of a SFR that is currently and has been rented for close to 2 years @$1,100 in the Birmingham AL market. The current rent and asking price gives a gross rent yield c...
Lea C.
Rent Control Risk in Boston - Thoughts?!
Hi All,I have started investing in real estate in the Boston area, and am curious what you think and have heard about the risk of the government officials renewing rent control in Boston. I know it was banned in the 9...
Andrew Wilkins
Should a new RE agent join a brokerage or go solo?
a bit of background info is required for this one. I'm 30, married and own a house that is cash flowing about $340 dollars a month through house hacking. I'm in college for cyber security but I've always felt like tha...
Shaun Schwanson
How can I get a hold of the owners? Was listed then bank drilled locks yesterday...
The property was listed for 130k. We went to look at it as my wife and i thought it would be a great fixer upper. They drilled the locks without telling the listing agent. Its now listed for a sheriff's sale in 3 week...
Michael Lauther
What are the issues with this note.
We are trying to settle an estate: 3 siblings want to hold a note for a 4th .
Property is appraised at $360,000
3 siblings will hold a 270,000 5% interest only note with a 5 year 270k balloon.
Ta...