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I am in the process of purchasing 3 properties all right next two each other. 1 multifamily and 2 commercial office space of which we plan on using a significant portion of for our medical practice. Coming up short on...
I greatly appreciate any comments/corrections you have on my calculation!3 properties are involved here. R, A and B.In 2010, we converted our primary residence R to rental. At the time of conversion, the property R’...
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Hello, Everyone!I am currently in the process of setting up insurance for a property I bought in Kansas City. I was wondering, the typical insurance you need is: Landlord insurance (for fires, hail, explosions etc..) ...
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Good Morning BP!
This year I'll be acquiring my first rental property as I'm finally in a financial position to do so. I have a 2 pronged question. I currently put all of my living expenses on a credit card (includin...
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I recently inherited a triplex where I live in one unit and rent the other two. The property is payed off and I would like to begin focusing on buying another property. How much money should I set aside for expenses s...
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Hey guys!
I read in a tax book that for year 2012 there's so called 50% bonus available. Will you be taking advantage of this?
Thank you!
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Hey guys/gals,I’m looking for additional ideas for “value add items” for apartment complexes please. (Basically items where one can add value to the complex which are currently not being done at the complex). Here i...
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I was wondering what is the best way to conduct these? How do fellow landlords do it?1. Do they take pics of interior at move in and have tenants sign each pic? Or just have a tenant sign a move in inspection docs tha...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,000
Cash invested: $10,000
Off-market property with updated electrical, plumbing, hvac, floors, doors, etc.. Ro...
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Property in question - 2ac wooded lot, no improvements;
Property intended use - mobile home rental property
I understand the judicial redemption rights, adverse possession, and the tax payers termination of redempti...