Here's a framework that you should know for tax planning:
The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Pla...
My new tenant has offered to clean up snow on the sidewalks, parking lot driveways during the snow season for a reduction in rent. I am wondering what your thoughts are on it. My first thought was IF I allow this and ...
So I decided I will start a thread about a project that is currently in its infancy. When the project is completed, the value of the property will essentially double (I have Leases already in place for when the projec...
Where you pay the city to inspect units so you have the privilege of fixing them :p
Hi, everyone. I am a wholesaler in the Portland, OR metro area. I am currently working a deal with a seller. He wants $157,000 for the property but it is in terrible condition. The property is zoned r5 meaning that I ...
Hello BP,Finding affordable and quality snow removal has been an issue for us the last few years, so we are exploring the idea of bringing it in house. We currently have 2 larger apartment buildings, some 4 plexes an...
Posting this for a friend who owns a 7-unit building in Chicago. He's noticed very high water bills in the last year, including the most recent one for $6500. Finally it was determined that there is a leak in the wat...
I'm researching a property and am running into two issues. First is an illegal apartment in the basement, but I think that's easy to resolve by removing some of the fixtures and then claiming it's a finished basement...
Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...
In the last year, my partner and I have added quite a few multi family properties to our New England based portfolio. In that time, we have gotten increasingly busy and no longer do the snow removal ourselves due to t...