Oladimeji Sonibare
Increasing value of multifamily properties
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Andy Wilson
Rental property - should I increase the rent?
I have my first rental property now put on the market. I am having one or two applicants everyday and some of them really want it and are willing to pay several months upfront. But I am not really interested in “bulk”...
Sattir Bitti
What happens to Passive activity loss on 1031 exchange?
Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
Jeff S.
Fannie Plans on Selling 500 Homes in Bulk. C.A.R. Files Freedom of Information Act Request
In what they call a pilot program, it looks like Fannie Mae and the FHFA are quietly going through with plans to sell nearly 500 homes they own in Los Angeles and the Inland Empire to yet undisclosed institutional inv...
Randy F.
Investor vs Retail pricing from Contractors
Ive seen it mentioned here on BP that investors should not pay contractors "retail" pricing on rehabs? I'm interested in hearing the rationale for that. As an investor, are you getting special pricing from your contra...
Colette Major
Using a room in my rental to store my STR furniture
We are paying $260 per month with Public Storage to house decor/furniture that we intended to use for coliving. Long story. I do not want to give away the items, they are brand new and I cannot bear to eat the cost. H...
William Senneway
Multiple Closing Costs
Has anyone bought multiple properties in one deal?
From what I can tell, you usually end up with separate loans for each property. Does that mean you have to pay multiple sets of closing costs?
Seems like it would ...
Francisco Ruiz
STR Partnership Structure - Feedback
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
Corey Dutton
“Be Fearful When Others Are Greedy...” –Warren Buffet – With So Much Greed in Real Estate Should You Be Fearful Again?
This is a controversial topic. So many people believe that real estate values went down so far in recent years, that all of the feeding frenzy that’s occurring among buyers is just par for the course. But is it?
I s...
Dillon Campbell
Direct mail campaign
I am putting together my first mail campaign to get into wholesaling. I am curious if anyone has had any experience or thoughts on getting a mail meter in order to expedite the the mailing process while still keepi...