Hi BP community,I came across a seemingly complicated deal. Here are the details I have:6BR/6BA Mansion with outdoor firepit, massive EIK, every amenity imagineable.The home is currently under contract with a luxury a...
Hello, I'm looking to acquire multifamily properties in North Carolina. I understand that attorneys do the closing there. If anybody is familiar with the breakdown of the costs associated with closings in North Caroli...
Hi all,
Was just wondering what a good rule of thumb is when calculating savings for incidentals on a property?
Thanks in advance!
I'm looking for some feedback, especially from my fellow Rochester, NY investors. My tenant left the duplex unit after almost being evicted. My property manager sent a request to their contractor to make the unit read...
Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
Hello, I procrastinated and now I beg the community for help. My wife and I formed a partnership LLC this year and bought our first property. I have filed the 1065 and did not include mileage expenses in the 1065 sin...
I have an issue I've not encountered and am unsure how to proceed. This property is a fourplex located in New Mexico.
I had a tenant that did not pay on time. I issued a three day notice. The tenant and I made arran...
I recently stumbled upon a potential multi-unit property that has some amazing potential. However, there's a catch as there always is. The books/financials on the property are not as straight forward as they should be...
I need to replace several flush mount fixtures in a duplex and I'm curious if anyone is having any luck using integrated LED fixtures without replaceable bulbs in their rentals. There seem to be many available in the ...
Hello everyone,We all have methods for estimating operating costs when looking at a deal and mine tend to be fairly conservative. After chatting with several other investors recently, I've found many do not account fo...