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Hello! It's been a while which generally speaking means things have been going well! My tenants lease expires the end of April. They have been excellent tenants and I hate to see them go. Recently, however, they conta...
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I recently purchased a SFR in the Emerson Heights area of Indianapolis for $39k. I know that a house just a couple of streets over is under contract to be sold by another investor for $65k, and the appraisal came back...
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Hi Everyone!My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
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My operational costs have been increasing substantially for over last one year and was considering increasing rents this summer.Would it be too risky to raise rents during this pandemic situation?
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I'm finishing up a Buy, Fix and Hold deal and about to put the property in service as a rental. This question is for anyone with bookeeping/CPA experience. I'm sure it's a basic task, just one that I've never done a...
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Hi there,I just started my real estate rental journey early this year with a condo being rented out to a couple. We're almost at the end of the lease and after that, they'll be going month-to-month (as per the 1 year ...
Hello BP community, after hours of education via books, podcasts, and meeting with local investors, I have built my own cashflow spreadsheet and attempted to analyze a random local property on Realtor.com to practice ...
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I have foreclosed on a property with 3 buildings each with 4 studio units. I have rehabbed and have all units rented. I intend to sell after a few months. How do I determine the value of the property?
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I have an inherited tenant lease that is expiring at the end of Feb. They were at market when I purchased, but property needs major rehab to re-lease. I estimate $9-$11k including make ready, lost rent, and lease fee....
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BP FamilyLooking for some advice on my current situation. I have a SFH in Los Angeles that I purchased as my primary home, Sep 2016. I purchased it using my VA loan for about $325,000. I now have military orders movin...