John Trout
Advantages / Disadvantages of holding a property in an LLC
I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...
Benjamin Moody
The New Age: The Dynamic Changes for Agents
“This is how we’ve always done it.” Sound familiar? I’m sure you’ve heard this before, in fact I’d venture to say it is a universal statement that spans across every professional field. That statement is the business ...
Alex Molina
Lease Renewal. What is the standard rent increase rate (1%, 3%, 5%, etc)?
Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
Chelsy C
Big issue with contractor on first flip. Can you help offer opinion for this situation?
I am 3 month into my first flip. I encounter many issues.
Now, another issue. one of my independent contractor claimed that his workers get robbed at the property during rehab, and asked me paying back their lost whi...
Carlo D.
Considering doing longer leases
Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...
Jordan Sunshine
Save on your taxes for 2016!
I'm sure everyone has some knowledge to bring to the table but might not know everything about saving money on your taxes so this thread is here to help make a collective list of ways to save money on your tax returns...
Samuel Ksiazkieicz
Michael Quarles? Anyone worked with him?
I have followed Michael Quarles' posts on other websites and I like a lot of what I read. I am not a huge proponent of mentors but at the same time, my free time/study time is very limited with my job and he offers a...
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
Hi BP members!
Im new to the community and to REI. Im excited to get started and so grateful for your existence!
Background:
Im a urologist from Canada. Met my husband in 2015 in SoCal and he moved back to Canada ...
Raj P.
On-prem Property manager vs all-in-one management softwares
Hi, I would like to understand the pros and cons in using a property manager (live person whom I can be in touch directly) vs using all-in-one property management softwares such as rentredi, hemlane, caretaker, etc. (...
Account Closed
Gut Rehab Costs
I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...