How do you estimate the rate of flood insurance for homes in New Orleans? I'm looking for ballpark numbers as I vet investment properties. It sounds like it's related to the flood class, but I'm not sure where to fi...
Hey BP- I am currently living in a duplex (doing my best House Hack like@Brandon Turnersays) and I'm looking to purchase an REO duplex in West Chester, PA. The purchase price I'm aiming for is $180,000 and I should ne...
Dear all, hi!Newbie here, just starting out.I am purchasing townhouse for rental purposed, title owned in my name and obtaining mortgage in my name. Planning to transfer the title after closing to LLC owned by me for ...
I'm talking to a woman who wants to sell. This is my first time NOT using the MLS to find deals so can I purchase the home from her before its really auctioned this next time??She’s been served Lis Pendens 4 times in ...
Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
My tenants have been living a my rental property for over 4 years. When I first rented it out to them, the backyard was just dirt. They now want to put in sod for their kids. I think they may want to DIY this and pay ...
Hi! New to real estate and new to PRO!I’m getting ready to put my first offer on a side by side duplex that has been completely renovated by a seasoned investor. In order to not sound like a complete idiot and/or make...
Thank you for clicking into this feed! I'm excited to make new connections here on BP.CURRENT PROJECT: I have a great opportunity to learn more about the industry and gain experience by helping a dear friend with a ...
Hey everyone,I'm looking to purchase my first rental property by the end of this year, but I don't qualify for traditional lending (I have a 750 credit score, but my last 2 years of tax returns look terrible). I'm thi...
I have been a serious investor for about 2.5 years now. Closed on 8 deals (49 doors) mostly multi-family. In all this time I've never been faced wth the following situation and wanted some extra opinions on the matter...