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Hello All,
I need all the input as possible. My strategy was to buy duplexes, triplexes, and or fourplexes, then hold them then rent them to tenants. I would buy properties in Miami and broward county. With decent ...
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I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
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Talking with Vivint solar right now about installing solar for all of my 4plex units. Talked to my insurance company and they don't seem too confident with me doing this. They have concerns about who takes care of any...
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Hey everybody! I'm a first time buyer and looking to do a buy & hold. The ultimate goal is to find a home that's livable for my wife, son, and I, with an extra room or two we can rent, and then in 2 years, look in...
Hope everyone's enjoying the holidays!A friend recently introduced me to this management group in Memphis called midsouthhomebuyers. I'm currently on their waiting list and figured I'd poke around in the meantime and ...
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Hello,I'm about to close escrow on a situation where I plan on creating a seller carry back note and then immediately selling the note after closing. I would appreciate feedback and opinions on if this was smart or a ...
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Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone el...
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Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...
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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
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Hello BP community,
I am currently renting a home to a family that has been in my unit for about 3 months. Since they've moved in there's been numerous complaints about the A/C not cooling to the desired temp and ma...