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Hey all! I’m just starting my first BRRRR. I bought a great house from the foreclosure sale. It’s just cosmetically ugly. I was figuring on painting everything and laying all new floors as it has some ugly blue 80’s c...
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What's the best way to divest an apartment asset for an older owner who wants the best for their family is Option #11) hand down asset to children via a willOther options:2) Sell outright and pay taxes3) Exchange into...
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I like having a MIL apartment, kind of like a duplex. Only thing is new tenant has yet to live there a full day and is already expecting me to let in his son, etc.As much as I find it convenient to deal with contracto...
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Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due. However ( and that's here in Oregon) ...
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I am looking to purchase an apartment complex in Los Angeles. Target price being around 1 million. Most properties I’ve seen are in bad neighborhoods. Mostly east Los Angeles or Crenshaw area. Wondering if this is a s...
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I am a new investor, yet to complete my first deal but I have a question that pops in my head every so often when I am reading an investing book or article or listening to a podcast....If everyone says smart investors...
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Bought my first rental (5plex) in June. Last week had a tenant (that came with the building) decided he wants to move to Florida with 7 months left in his lease. Asked if someone could take over his lease or be added ...
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Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...
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looking at a 3 unit commercial property of which 2 are restaurant spaces all 3 are rented on triple net leases.
I can go through the deal if needed but my question is on determining and factoring the value of the fix...
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I met BP almost 2 years ago and wanted to celebrate my 3,000th post with you!I've seen Brian, Brandon H, Dawn, James and other esteemed contributors share their milestones, so thought I'd do the same.I doubt I have im...