Hi, I'm wondering about whether or not I can write-off an expense I had this year. I purchased a property last year and it didn't have a fence, because the previous owners took it down (and to their new house, I assum...
How profitable would this be in the District, Maryland & Virginia (DMV) market? I noticed Bethesda, MD is an area where this is popular.Maggaline
Hi everyone, I am running some numbers on a nice 12 unit building in my area. The current owner hires a property manager and pays 5% of gross rents plus rent finder's fee and a few other variable fees. The seller keep...
I just read this article on Bloomberg and wondered what others thought about it:http://www.bloomberg.com/news/articles/2016-10-31/there-are-5-6-million-cheap-apartments-in-america-not-for-longAll the rage in rei these...
Hey BP Fam.. need some help! Spoke to a builder today who believes the cost to build our duplex is going to exceed the value in the area.
The neighboring lot is a 952 sf duplex (total sq ft- not per unit), appraised...
So should you update or upgrade your apartment building to get ready for sale? This is a can be a tricky decision to make because there are several factors involved. If you just want your building to look pretty again...
Hi all I wanted to get your opinion on how I should proceed with a purchase of a building. So I recently had an inspector go through the building and he noted to me that the flooring in one of the building would have ...
Good morning and I hope everyone had a nice fourth of July despite the pandemic.
I currently own and self manage properties in towns where residents of those towns (tenants and homeowners alike) are required to proc...
I am leaning towards purchasing a 12 unit 1b/1b unit which would be my first multi-family property. I have a significant single family portfolio so I'm not new to real estate investing.
My question is: How do you val...
I have a few questions related to my potential first deal as an investor.
In my neighborhood there is a For Sale by Owner and it's vacant. I am interested in purchasing this for a rental. I used to be a real estat...