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I just bought a 4 plex that is old but in pretty good condition for a C+ neighborhood. I know that the rents are lower than what I could probably get, but I have decent tenants in place since before I purchased the p...
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I just started diligencing a 200+ unit storage facility on the Nebraska / Iowa border. It's a fascinating rental model --> some wear & tear advantages since no live-in tenants compared to MFUs, but also some mg...
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Background:
Hi,
I own and live in a two family home where I rent one of the apartments (above mine) out to a small family. The apartment is a renovated 3br, 1 bath in northern NJ with heat and hot water included. Th...
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Hello BP,I really need some advice. I bought my first duplex in 2020, where I rent out the larger part of the house and live in the attic apartment. The plan was to live in it for a year and buy another investment pro...
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I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...
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In today's post, I want to use experience I've had in two fields that I really love: databases and real estate. Specifically, with databases I want to go over new techniques using more data and varieties of data as it...
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Hi! I'm in Chicago and in the process of closing my first property where I'm inheriting tenants that haven't paid in a while. The situation: 7-unit building where the top two units are family and are both not paying r...
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What is the best way to analyze if it is worth doing renovations yourself or if you should hire a contractor?If you choose to hire contractors, what’s the best way you’ve found and determined they are quality and reli...
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Hello all, I am looking to invest in STRs out of state (from West Coast to East Coast). My biggest concern / worry is how to self-manage the property, considering that I am brand new and I have no experience in any so...
I bought a short sale rental house in New York a little over a month ago that had to be renovated. The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...