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My Triplex is Gross - Am I A Slumlord?
Hi Everyone! I am new to the forums, but I love the Podcast. Thank you in advance for listening.. here goes...
My husband/partner and I found a great triplex property in (Deep East) Oakland, CA. This area was pretty ...
Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
James Carlson
Airbnb hosts to get relief in coronavirus stimulus bill
Looks like Airbnb hosts will get some relief under the coronavirus stimulus package about to pass Congress.
The current language includes two provisions that could help short-term rental owners that are struggling:
...
Nadir M.
Taking over existing tenants
Hello Everyone,I am due to close on a property that has an existing tenant. Long story short, I found this property off market. The current landlord was to sell this property and would have needed to evict the tenant....
David Lauka
Cleveland SFR Water and Sewer Bills
Hello BP!I am considering purchasing a few SFR's in the greater Cleveland area (Euclid) and I've been made aware that the owner is responsible for paying the water and sewer bill. I was hoping to hear how some other ...
Matt Hendrickson
Informed of Service Animal in Unit Shared by College student
Help!I self manage a few properties, one of which is a house that I rent out to multiple college students by room. I just received this email from a tenant: "I just wanted to inform you that I got a service animal and...
Jonathan Hasan
Determining appetite for risk in terms of leverage
Hello BP community,
As a new investor, I feel like a core pillar upon which success is built in real estate from what I have seen from other experts in this forum is being able to determine acceptable risk for a dea...
Wesley Davis
Good vs. Bad Wholesaler?
After reading several articles about wholesaling one thing seems to be consistent, wholesalers have a bad rap. Why is that? I am looking for stories/information on what creates a good wholesaler and a bad wholesaler? ...
Grant Francke
Long Term/Unhappy Tenants
Hello BP!We have owned a duplex for about 7 months, it had long term tenants (9 years), they are both in their 70's. From the first time we met them during the initial walkthrough, they were not happy, with just abou...
Matt Heath
How to Bust into Multifamily Apartment buildings?
Hello Everyone,I currently own one four unit apartment that I purchased for $193,500 and rents for $2300/month. When I bought the proerty it appraised at $217,500. I paid only $3,500 down for the property using an FHA...