Daniel Schiff
Taxes due for flip with married couple both with W-2 earnings
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
Brett Riemensnider
Pulling Equity out for a down payment
Hi everyone. I am looking to buy my first rental property and so far have narrowed it down to a small Multifamily. Unfortunately I only have about $25k as a down payment which isn’t much to put down on a Multifamily. ...
Rebecca Jao
Sell or Lease? What is the market price to sell my commercial restaurant property ?
Hello everyone, New to this. Please help!! My husband and I own a free standing 5K sqft restaurant building in Tempe, AZ (1 mile away from ASU). We operate an restaurant in this location for 10+ years now. There is a ...
Tiffanie Aiken
Rehabbing and Hold
What is the process for rehabbing and renting? I tried doing a search, but I'm not sure I am using the right words or combinations to find recent info.
I am working on my biz plan and my realtor is telling me there is...
Shawn Walters
Buying Rental Properties
Hey all,
I became an accidental landlord by moving around quite a bit. I own three homes in three different states, one is my current residence and the other two are my former primary residence's and am now renting ...
William Silva
First Time Investment Property Buyer
Hello BP Community,I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.
I want to invest in growing communitie...
Sunny Burns
Tenant wants Vanity Upgrade - Should I go in 50/50?
So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...
Jacob Vorreuter
Weighing solo investment(s) vs syndicated deals
Background: I'm an accredited investor with some cash I'd like to put to work in real estate. My goal is to build up passive income generating assets over the next 5-7 years to achieve financial freedom. Although I've...
Adam Sharp
3 good applicants - can I raise there rent?
Hi BP!I am renting out my condo and in an effort to be competitive I priced my unit at $1850/mo. I have since received 3 really good applicants from people that I would happily rent to. Is there any way to claw back a...
Brandon Gates
Chicago House Hacking
Hello everyone my name is Brandon. I am currently in the early stages of finding a house hack property in the Chicagoland area. I have already been in contact with a lender and agent through connections that I met thr...