My wife and I picked up a multifamily unit in LA County (Monrovia). We plan on modifying our rental strategy by having one unit be a LTR, that is currently occupied and the back unit as an MTR.The MTR is a second sto...
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
I am closing on and moving into my second property today! I have a lot of ideas of what I would like to do to add value, but not sure where the best place is to start. I am experienced with renovation and I am planni...
Does anyone have any proven best practices to incent a contractor to deliver a project on time and at or under budget? I have a contract in place with a payment schedule, but would like to incent him to go above and ...
So im fairly new to BP, Have gotten a lot of great tips as i read daily. I spend most of my time browsing threw BP podcast and forums. Aside from my boring Day job(s) (3 actually) i love to read INVESTMENT BOOKS. Yea ...
Looking for radical ideas for saving money on insurance for commercial multifamily properties. Got any suggestions other than laboriously shopping around?
When it comes to taxes, it’s not about how much money you make—but how much money you actually keep.
“For years, Amanda has been my personal CPA, helping me save hundreds of thousands of dollars. Now, she's show...
I own multifamily buildings with a lot of vacancies. In order to get the vacant apartments back on the market they need extensive renovations. I've done the calculations and it totally pays to renovate in towns such...
First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...
I am retired with a several rentals and looking to minimize taxes. I was reading a tax saving idea regarding using the equity in a real estate rental instead of withdrawing Retirement Savings. From what I understood, ...