I have my first MHP under contract and am I beginning due diligence. If I end up buying the park, do the leases from the prior owner immediately become invalid? Do I have all tenants immediately sign new leases and is...

An applicant went through the entire applicaiton process, and the guarantors have signed, and I am just waiting on the signed lease from the applicants, which I am suppose to receive today, for a unit that becomes ava...

Hello,I was hoping I could get some advice with regards to the in-wall AC units.  I have two condos, both of which were built in the 80's, that are about 850-875sqft (1/1).  There are a total of 4 AC units (1 in each ...

Hi BP Community! I wanted to get you opinion on potentially purchasing a triplex with a nonconforming unit. We’re in the process of purchasing an off-market deal. Our realtor, seller’s realtor, and seller claim the p...

I bought a beat up Quadplex last week and I am doing tons of work on it.The exterior is a faded green paint. What color should I replace it with? I was thinking a creme with black shutters.Look below and give me any s...

Hi, I am in the position to buy a single family historic home with an ADU in the back that currently has a tenant in it paying $1600 a month including utilities.The home has 3 beds and 1 bath  and needs some light wor...

Hi - Many of the multi-family properties I have been looking at were built in 50s or 60s. Rarely did I see newer properties built after 80s/90s. Do you only buy properties that were built after certain years? I am ...

First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...

The value of bitcoin has skyrocketed, has anyone here cashed out yet for REI purposes? It seems ironic to use a highly volatile currency to fund a sometimes volatile industry. As real estate investors, do you find the...

The value of bitcoin has skyrocketed, has anyone here cashed out yet for REI purposes? It seems ironic to use a highly volatile currency to fund a sometimes volatile industry. As real estate investors, do you find the...