Chris Seveney
Guy is crazy - bought 1/2 condo building
Met a friend out and one of his coworkers joined us. We ended up talking some real estate and this individual (Jeff) noted he recently bought 5 of 10 units in a condo complex. Reason he did it he said was they were al...
Christian Hall
How should I align my offset lease terms?
Hi BP. Looking for some pro tips on the following situation:I purchased a 3 bed single family home last year. I lived in one bedroom and rented out the other two (yay for house hacking). I moved out and filled my spot...
Greg Mayer
separate lease agreements for each adult, or one for all adults?
Hi BP community!Another newbie landlord question :)My wife and I are purchasing a duplex in Atlanta, GA. One side of the duplex has tenants that might stay after we close, the other side is vacant. We're moving into t...
Sharon Carter
Property Management Company
Hello all,Not sure if ya'll remember my issue with the lengthy closing process due to the owners being out of the country but NOW I'm having more issues. My first rental is a townhome and I finally received the keys,...
Melissa Steinour
French Door With Windows in multi-family ??
Hi - I just purchased an under/over duplex that was previously a duplex (years ago), used as single family last and we are turning it back to a duplex. The doors that were taking off are still available to turn it bac...
Kay March
Schedule D Worksheet, line 15, $38,600 if single
On line 15 of the worksheet for Schedule D the taxpayer enters $38,600 if single or married filing separately or larger amounts if married or head of household. Is this a deduction from your capital gains under certai...
Emerald McGinnis
Need Advice about potential investor
A mentor of mine offered to take 2 of his single family homes and out them in a "new company". His properties are paid off. My husband and I could also contribute a property to the new company and using those properti...
Mark McVey
Real Estate Investment networking groups in Cleveland OH area?
Hello, I have done research to determine that I would like to get into REI. BRRRR (multi fam/single fam) seem interesting to me. I have a fill time job and plan to enter and build a portfolio overtime (as my side hu...
Amanda Scully
Calculator Questions: Estimating in NJ
I have some questions about what to enter into the calculator specifically when estimating costs in New Jersey. I'm looking to do a flip and I'm wondering what I enter into the calculator for: -purchase closing costs ...
William Kyle Walker
Keeping one property alive with the profits from another
Hi Bp,
it's been a while since I asked a question.
My question is, if I have a fund with let's say 10 LLCs that hold one property each. If one of those properties starts to become low in occupancy and can no lo...