Melinda Rupard
Tax depreciation for pool
Good afternoon,I've been told conflicting information on this question from other sources, so I wanted to ask for clarification here. One of my rental properties has an in-ground swimming pool. When I bought the prop...
Cel Arrington
Average Cost of Cash Out Refianance
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Paris Capers
Cash out refinance options
Hello,We have a townhouse in San Diego. We refinanced in 2019 and currently owe 428,000 with an interest rate of 2.75.We want to leverage this property for cash so we can get cash for a new deal and would like to know...
Erik McKenna
3 Year ARM vs 5 Year Arm
I am purchasing my first building bigger than a 4 family but I think this should be thought about for any purchase using a commercial loan. This will be my third investment property. I am trying to decide if I shoul...
Gaurav A.
Looking for know how on Dolton, IL 60419
I am just getting started with investment in real estate and looking at a property in Dolton, IL 60419 area for rental. What is the area like? I checked out Trulia and as per Trulia, it falls under lowest crime. I ...
Andre Watts
Timeline of flip purchase?
Good afternoon BP,I am looking for my first deal to flip and I was hoping to get some clarity around the early stages. If you’re acquiring a property from a wholesaler, do you typically have a contractor ready to go w...
Jason Schneider
Hoping to change the world.
Hi All, Jason, from Marquette, Michigan. I'm 37 years old and the director of the Marquette Chamber of Commerce. A little over a year ago, after my father passed, I came to be an owner of a 5 unit apartment building. ...
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Investing in or owning drug lab properties
As a property owner, you are responsible for 100 percent of the clean up! Cleanups of labs are extremely resource-intensive and costly. The average cost of a cleanup is about $5,000. This is if you are lucky!
Clean ...
Tim Schroeder
Should I assume 50% for rental expenses when analyzing a deal?
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
Deepak Pakala
Is seller finance real? Anybody have any experience on how to get seller to finance
Right now I'm buying with hard money but I would like to know the hype behind seller finance, especially in the Philly area. I would love to hear if anyone has any experience with this. or any other creative way to bu...