We have come to an impasse on the sort of stove to put in our first rental. One says gas and the other says electric. There is a gas line & electric hook-up available for the stove. The house has a gas water heate...
Hello All, I am closing on a duplex in N. Minneapolis and I would like to turn the basement into a 3 unit. This is my first oppurtunity to tackle such a task. Once I close on the multifamily I want to start the proces...
Hello BP, I wanted some help with what some of the best zip codes and or Neighborhoods to invest in/around Philadelphia? Looking at a strategy to Brrrr or light rehab to rent out to long term tenants. Any advice would...
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
I have a tenant who wants to place a satellite dish on the roof of the house he rents. There are no restrictions in the community. However, I am concerned about possible damage to a relatively new roof. Should I be co...
Input needed for least tax methods of unwinding a family partnership in the next 13 years.
a. General Partner is elderly father
b. 12 Limited partners - all children , spouses not included - cheaper by the do...
I’ve been talking to a number of Realtors who all have one thing in common, they try to convince me to consider a FHA loan versus a HML. The kinds the have offered are FHA 203k loan and the Conventional Fannie Mae Hom...
Dear BP community,
I recently met with a college buddy who is a successful REI with about 28 doors, has built some ground up, and is beginning to do some commercial. When I asked him how he got started, he said he ju...
Loving this forum and all the amazing success stories. I've barely got a toe in the bucket but being midtransaction on our third property, my compulsive obsession with number crunching has me wondering how much is eno...