Tiffany Smith
From single family to multi family
Hello BP friends I am looking for advice. We have 3 single family investment properties. While we have been successful in cashing in the equity (brrrr), the monthly cash flow isn’t where we want it to be. I am cons...
Zachary Jensen
Wife doesn't want to increase rents
I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
Zac Kucharek
No cash flow with FHA down payment 3.5%
Hey rookie here going to invest this year!I am analyzing deals on local MLS and Zillow properties for multi family properties. I am wanting to do a House Hack this year and am analyzing as I build up a down payment fo...
Raylor G.
Property Management Question - Please Advise
Would you hire a Property Management company that charge a fee for vacant units. Is this common practice or should this be negotiated?
Andrew Pfleger
how to jump in to the deep end...
I've listened to quite a few podcasts and have been intrigued with most of them. The ones that really get the blood flowing are the ones like "298" where the purchase happens to be a large number of units.I still feel...
Stephen Sokolow
Multi Family South Bend
Looking to open a discussion on South Bend Multi Family deals. Any thoughts on current inventory? Anyone have experience as a current landlord? Creative financing for such deals?
Kurt Zarwell
Cost basis of owner-occupied duplex with improvements
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Brandon McCombs
sources for income approach for appraisal on 8 unit bldg
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
Nathan Gesner
(Update) Another Tenant died...and then two more!
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...
Account Closed
Landlords: I need your advice
Hello all!So, I've been in this landlord game quite some time now, and my second largest business expense is mildew abatement.Let me explain.Most of my properties are in Monterey County, where we get a lot of humidity...