Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
There have been many discussions about this being a sellers market, and prices are high.In my market (between Chicago and Milwaukee), prices are high, but many of the properties still would cash flow well.When I run t...
Hello BP,The other day I was watching my favorite show, "The Grand Tour" (a spin-off from Top Gear), which is a hilarious car show where they test many different types of cars and supercars. Jeremy Clarkson, the sarca...
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
I am a landlord of a single family house in New Jersey. For the last two months, I've been battling some drain flies in this property. I called several pest control companies and they basically told me upfront that th...
Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Hey everyone - I’m listening to the latest On The Market podcast and they are specifically talking about value declines in 2nd home markets due to demand from 2nd home buyers drying up due to rising rates/ affordabili...
Hello Everyone, I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...
Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...