Kim H.
Would you walk away from a property with a bad past?
The property I am currently doing due diligence on had a gas explosion a year ago. The particular structure involved is no longer on the property and the explosion was caused by a company digging in a nearby loca...
Sam Allen
Best way to get started flipping houses
Hello all i am new to BP and just had a few questions about getting started in the flipping houses business. i currently have a great job but i want to get into real estate investing and hopefully one day do it full-t...
Bill C
BK, Inheiritance and 640--Radioactive
Ready for this one? :D I'll try to make this as short as possible, but not leave key items out.
A couple of years ago, we filed chapter 7, in October 2005. That was embarrasing enough. A month later, my father ...
Kevin Price
Quit Deed or Warranty Deed (2 questions) - timing and differences
Hello.I have 2 questions actually. Give situation then go from there.I have a house I am going to be renting out. Currently it is in my name still and everything. I am wanting to make sure I provide myself enough p...
Spenser Murphy
What is the average water bill for a duplex?
I understand the property owner pays the water bill on rentals. I'm looking to purchase a duplex or 4-plex. I need accurate utility numbers to include for my deal analysis. I know this can very depending on the size o...
Jeffrey H.
Buying a Right of Way from the POA w/ a Quit Claim
Hi All,I am in the process of purchasing an abandoned Right of Way adjacent to my property from the POA. They do not want to pave it, and I said I would entertain the purchase and construction of a personal drive on ...
Willem VanBakergem
Selling shares in a LLC; $5.5M MDU property
There are three 33% partners in an LLC and six equally distributed heirs (6). We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal. Two partners would remai...
Frank S.
Spreadsheets: Should depreciation and taxable income be included?
Like many of us, I have created my own spreadsheet calculator to analyze multi-unit properties. I am struggling to understand how depreciation and taxable rental income should be calculated in the spreadsheet.As I cur...
Glenn Mayo
Down payment magic
With no money, weak credit, and no one to help, how does one come up with a down payment to do a seller financed deal?
Kyle Johnson
HELP Wanted (Property Management)
Hi all,I am an out of state investor with a property just East of Little Rock, Arkansas (Carlisle, AK). I am searching for a decent property manager in the area who is interested in assisting with some property work a...