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Hi BP Family,I am making an offer on my first multifamily building ever, so I want to know what doc's to request when making an offer.It is a 8 unit building with around a 9% cap rate. There are two store fronts and 6...
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Hey Everyone! I'm getting close to have my first duplex very soon! I will be inheriting tenants and I was wondering what all of you do when you inherit tenants. I am going to send an introductory letter to them explai...
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Hello fellow landlords! What is your favorite rent collection app or software? I've been doing it old school for too many years and I'm tired of checking the PO Box and driving around to get cash. So, what do you u...
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Dear BP Community,I am interested in purchasing a condo, and using it as a medium term rental. However, my education into condos is limited. What would be the best book to read in order to get a better grasp on invest...
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I've been buying tax liens for some time now (off and on, now I'm Very On) and have used Excel up to this point. Excel has become cumbersome for the numbers and status of the certs. Some redeemed, what phase of redem...
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There is a class A office condo for sale in a great area, it is part of a 9 unit building, all of the offices are occupied with layers, architects, dr office, insurance agency's. The particular unit I'm looking at is ...
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Hi Guys, I am trying to build a business around my BRRRR strategy and I am trying to figure out what software solution/solutions would cover the whole business cycle? Starting from lead generation to acquisition, reha...
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FAS 143 and FIN 47, from the Financial Accounting Standards Board (FASB) implemented a provision in 2005 that requires companies to recognize the future expenses of environmental cleanup of facilities (even if leased...
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A few years ago I hired a great CPA to help me with both my personal tax filing and to guide me for my rental taxes. But as I think about growing my real estate portfolio I am wondering if there are additional financi...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Richmond Hill.
Purchase price: $10,000,000
Cash invested: $100,000
Contributors:
Jered Sturm
Investe...