Chukwudi Motanya
Combining two condos into one loan in the Atlanta area.
Hey all, I'm looking at a deal for a condo thats around 40k in purchase price, however because of the small value it would be almost impossible to finance this property by itself. However there's another property of s...
Helen Kolton
Help me to analyze this deal
2 Family Property in NJUnit 1 has 2 bedsUnit 2 has 1 bedC+ area - good rental areaI am not an engineer but the house is in pretty good condition, cosmetic clean up of about 15-20KAsking: 140KOffer: 125KConventional Mo...
Jacob L.
condominium outstanding water bill
Hi all,I own a condo as investment in a condominium in Brooklyn, My issue is that there is many homeowners not paying the maintenance fees in result of that we have a big outstanding water bill (meters are not divid...
Graham Storey
Best Software to Market, Screen and Manage tenants?
Hello everyone, I am getting ready to put my first rental on the market. Do you all have any recommendations for the best program/software to market my property for rent. If there are any programs that I can market th...
Silenceux Francois
Maintenance Calls - Memphis 22 Unit
I recently purchased a 22 unit in Memphis and transaction from the original in month 3 due to high management fee and unconventional way of managing i.e not running background checks, not assessing late fees, and no p...
JJ O.
[1031 exchange into TIC] Cost basis and Depreciation
First off, thanks to everyone for contributing. I've learned just about everything I know about real estate on BiggerPockets.My situation: I'm trying to help my parents use a 1031 exchange to defer ~1.2M capital gai...
Becky Watkins
Deck on an Owner-Occupied Multifamily
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
David Healey
Adding A Community Laundry And Need Advice
My wife and I are House-hacking a Triplex in Salt Lake City, UT and are looking to add a Community Laundry room with two sets of hookups for the remnants who don't already have laundry.
We want to save as much money...
Sandy Keller
Property Manager Rates
I would really like to buy my first duplex sometime this year. (I am still learning and analyzing so nothing in the works at this time) However, when it comes to property managers, what is the going rate I should ex...
Darren Chang
Coop Board “Contemplating” a 2.5% Transfer Fee?!
Hi, as a shareholder I just got a survey from the coop boarding saying they are “contemplating” a Transfer Fee of 2.5%. This comes to me as a complete shock. This means if I sell my unit for 400k, I need to give 10,00...