Mark H. Porter
Stepped-up basis going away
Good morning, regardless of what happens today, there’s a HUGE bill due from covid.1031’s, capital gains, and now the stepped-up basis could go away. Rather than people thinking I’m coercive, please just google “step...
Martin Z.
when sending in offers, short format or full agreement?
Which do you prefer when sending offers in for commercial property, a short format 1 page sheet with summary of terms leaving it to later to draft the full purchase contract, or do you prefer to send in the offer with...
Cody N.
Current market scares when assessing a BRRRR
What is BP’s take on the current market for BRRRR?? I haven’t read too much into the current media but I’ve seen mentions on signs of a crash. Also some states are seeing signs of real estate depreciation (from what I...
Brian Orr
Evicting month to month tenants on new purchase
If you all read my previous post you know I just acquired a 4 unit building in rural North Carolina. We discussed plans to raise the rent, allocate utilities to the tenants, pet fees, etc...Well I just met with all of...
Daniel J Jackson
Pets for more rent or no pets for less?
Hello all:I just finished rehabbing one side of a duplex and have two great tenant candidates.OPTION A: Will pay $1,250 and has no pets. 2 adults and 2 young kids. Great all around.OPTION B: Will pay $1,250 + $75/mo...
Tyreese Brown
"Gotta be quicker than that"... in Baltimore
Hello BP! Fairly new investor here in the Baltimore, MD area. I'm looking to get a few BRRRR deals under my belt this year. I currently have one rental in the city, and I'm in search of my next property, but I'm hav...
Jerome Kaidor
Fair Housing and Babies
Hello all, I just got a call from the manager of my 52-unit complex. A tenant has a 3 y/o child who has been wandering the complex unattended. The child has been turning off the main water for one of the buildin...
Travis Fisher
Life savings to pay off Only Rental house?
Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX. Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...
Elizabeth M Williams
How Psychology Impacts our Investing
I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...
Account Closed
Washington state capital gains tax
Very interesting read.... Live to know the thoughts if people in this forum, especially people from seattle, washington or anywhere in washington state actually.
I just copied and pasted the article....
Gov. Insl...