Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colorado Springs.
Purchase price: $200,000
Cash invested: $25,000
I have been working with a property owner on the managem...
I'm about to get a second property online and wanted to keep the two properties in separate bank accounts. I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...
BP Community I am researching how to handle my situation on my taxes. Background last year had some hail damage to one of my rental properties. PM looked at, called in estimator and said needed to repair / replace...
I am trying to sell a commercial investment property and am wondering the tax implications.Here is the example.I had a long term tenant, 40 + years. Original Value of Building in 1970 was like $500k.In 2007 there was...
I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Hi all and as usual, very comforting to have BP to share & ask questions in. So below is the quick and dirty overview of my situation:- claim #1: submitted earlier this year for substantial water damage in LA ren...
What is everyone's opinion on getting HW for Rental properties? I know the obvious pro's to it, but what are the cons? Thanks in advance for the insight!
So i was speaking to some people who are doing STR in our complex and they were stating that they offer up insurance or deposit (they actually ask for 1500 deposit which seems high). this got me thinking a bit about ...
How should I apply this rule to prospective Housing Choice/Section 8 applicants, or should I even apply it ?
I've seen a mixed group of advice on this topic. Some say they apply it as they would anyone else, some say...
Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...