Carlos Perez
$0 Land Value possible? What depreciation can I use?
Hi, my first BP question here.Im looking at a property in the property appraiser website of my county and its showing this property as having $0 land value. The property is a 2nd floor apartment and is part of a condo...
Ed W.
Reserves for 200 Unit Chicago High Rise
I'm being asked to invest in a 50 year old, 200 unit Chicago high rise building. I'm very experienced with rentals in general and rental complexes with many units and have a good understanding of investment numbers i...
Alexander Spira
To sell or rent is the question ?
Hi All. Good news we are finishing up my second project in Baltimore on E Lorraine closer to John Hopkins. Bad news is we went over budget. First the house was not rehabbed in 30 plus years and my contractor/property ...
Dylan Barnard
Spanish Speaking Leads
Good afternoon BP,So my wife and I have been experimenting with Facebook ad campaigns and have gotten a few leads so far, but they have mostly been Spanish speaking and don't seem to speak English. We have specified o...
RaShae Bey
Ways to sell or rent houses in a C neighborhood.
Hello BP Community,I’d like to know some good tactics when selling your B class property in a C or D neighborhood. Thanks In advance.
Margharita Silva
condo building with 400K arrears in West New York, NJ
Hi All, I am in contract to purchase a studio condo in WNY, NJ and want to have anyones thoughts on the financial situation of this building. It is approximately 200 units and audited financials revealed that they are...
Irene Hunter
Will Purchasing a Property under your LLC, increase personal DTI
Hello will purchasing a property under your LLC with no personal liability increase your personal DTI? We are looking to purchase another home this spring via conventional mortgage, we are selling our primary home an...
Paul J. Trout
Phoenix, AZ. Newbie Intro
Hello BP Peeps! I am excited/nervous to get started in the real-estate investing business! I've been hiding in the shadows of BP listening to the podcasts and getting my personal life situated. I believe I may be re...
David Stanford
What is a good offer for this Apartment building?
I'm considering making an offer on a 17 unit apartment building in the southern suburbs of Minneapolis/St. Paul, MN.Here are the summarized numbers from the owner: He keeps very precise track of all of the apartments ...
Angela Kelsay
Cash upfront; how hard is it to get financed after the deal is closed?
I have always done cash deals on flips. I am now looking at a potential buy and hold property. It's an online auction so I'd like to incentivize my offer by using cash but long-term want to finance the property. Ob...