Joseph Skoler
Transfer real property from s-corp
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Janine Covello
Help! My deal may be falling through
Hi All!Not sure if there is anything I can do to save this- but being new to REI would love some opinions.Me: New investor here, found a great deal on a two family in the greater philadelphia area, shortly after seein...
Ryan Judy
Conversion of two family to three
Does anyone have any experience converting a two family to a three, or doing major renovations of a two / three family?
It is somewhat town specific but I am having trouble interpreting fire code for automatic sprin...
Craig TeRonde
How to handle a new to me occupied rental property
I just went under contract on a multi family property. The current tenants have been there for years. The current landlord has let the tenants run the show. There are numerous lease violations. I have no...
Mark Forest
Sewer line fix capitalize or expense
Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
Jimmy Kong
Holdover Tenant and Non Payment of Rent
Hi, New landlord here and I am in New York City. I have a tenant who has stopped paying rent all together since June 2020. Since his lease ends in July 31, 2020, I issued him with a non-renewal lease letter. He just c...
Morgan Granger
Best place to buy appliances for rental property
Hi. I am about to close on my first rental property. There are no appliances currently in there home. Is it better to buy new appliances or used one? And where is the best place to purchase from? Also, would you guys ...
Nazanin Boojar
STR Opportunities in OH, MS, WI, and FL
I am blown away by the high cap rate and income potential of cities like Cincinnati, OH, Jackson, MS, Milwaukee, WI, and Yulee, FL for Short-Term Rental investments. It's really surprising for me to see the potential ...
Jonathan Stone
Has anyone had a clogged parking lot drain?
Hey BP,I'm hoping someone has experience in fixing clogged parking lot drains. I bought 2 4 unit properties that share a parking lot and at the time I bought it I didn't realize that the drain was clogged. Apparentl...
Ana Marie B.
Home Equity Loan vs. HELOC for downpayment on next rental prop?
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...