Michael O.
Seasoned MF investors lend me your eyes.
Looking to get into my first MF property. It would be an out of state investment for me. 24 unit asking 850kConcerns-The area doesn't seem to be the greatest. Although broker claims in the path of progress. -Price per...
Forrest Holden
Property Manager with affordable tenant placement in Minneapolis
I used to own 4 rentals in west Texas. My property manager only charged $300 for tenant placement. I understand that I probably can't get that rate in Minneapolis, but I honestly feel that a full months rent for ten...
Miguel Nava
Is it "common" to get taxes reduced?
I am looking to buy my second duplex in Cleveland. Taxes in the "Heights" cities are high. Is it too rare to have taxes reduced? What I mean is that some properties that are listed around $100,000 have taxes as high a...
Ray Hayward
GC Partnership Advice
Hello, I am looking to partner with a General Contractor on a project. The conversation has been based on the exchange of “Sweat Equity” for Partnership Equity. I am looking for advice on how to make the Contractor a...
Robert C.
What Markets Did Poorly the Last 10 Years?
Maybe the answer is none! But one thing that has always bothered me since the last recession is that it seems like EVERYBODY has been a winner in REI. That could be the bias of posters on BP, too. Can anyone point to ...
Sara Johnson
How to add studs to a brick wall
Hi folks! My husband and I are in the middle of gutting and remodeling one of the bathrooms in our 1917 brick triplex in Chicago. The tub/shower sits along the exterior brick wall. Unfortunately the original setup was...
Alex R.
The importanc of reviewing the Tax Form 1040 schedule E before purchasing a rental property
why is it so important to review this form before buying a rental property and where can I obtain one for the property I am considering to buy
Uri E.
Cost segregation for the purpose of expediting depreciation (SFR)
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
Luke W.
Newly acquired property - tenant with no lease - want them out
I made a rookie mistake last week. I got too excited to acquire a new rental. The seller had a man living in the house that was doing work on it (it was actually quite good), but he had been staying there for a year o...
Bryan Weiss
$7K just for title-related items?
I just received my loan estimate for a $630k mortgage. However, the title-related costs were shocking. This is my first jumbo loan, so I'm not sure if this is normal or not. Below are the items and their costs, do ...