Anthony Petrozzella
Anyone buying rental properties in Oklahoma ?
Looking to make meet fellow BP members in the Oklahoma area
David Cornett
Reasonable terms for seller financing
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
Matt Williams
1920s fix n flip Fireplace Can I REmove IT? Columbus, Ohio
these old houses with the 100 yr old fireplaces that have not work in 50 years, do they really add value? Or is that just what people tell themselves to get out of removing them?I am totally new to doing work in these...
Caplan Abbey
Small Investors Lose Major Deal because Of Math Problem
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
Pinaki M.
Comparing interest rate with CAP rate
Hello, maybe someone can make this more clear for me. I used to think that as long as the interest rate of an mortgage is less than the cap rate of the investment, the investor is guaranteed to make positive cash flow...
Kate McClinton
Looking for a Second Opinion from Tax Pros
I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
Shawn Davenport
Duplex Deal Analysis & Potential First Deal
Hello Everyone,
I am interested in submitting an offer to a seller I spoke to about a week back regarding a property he has for sale. I consider this to be a marginable deal at best, but given the right accepted off...
Kristin Kerr
Renter wants to do repairs-should we let them?
Hi, my husband and I recently became landlords after a new job took us out of state. Long story short, we wound up with only about a month to decide to move, rent out our condo, and move out of state. Thankfully we fo...
John Aimon
Than Merril Seminars?
Anyone had any experience with this fellow Than Merrill? His group came through our town and made an interesting pitch. Google searches say the first seminar is pretty good info, but the real pitch is the $40k upgra...
Account Closed
Can An HOA Legally Charge A Fee To Homeowners For Repairs/Improvements Paid For By The Homeowner?
Hi, all! I have a question about HOAs and have been searching around but cannot find a similar situation to mine. I purchased a single family fixer upper in CA that is in an HOA community. The homes are situated on at...