Jeffrey Magenes
Signed a 3 Year Lease With My Client but INFLATION is TOO HIGH
Hi Everyone, I signed a 3 year California Real Estate lease with my client last year before the reported inflation numbers and now I'm stuck. It's getting too costly just for regular labor/repairs when all of my handy...
Muju Hussain
Need DC Rowhouse Redevelopment Cost Info
Any DC developers here who have flipped DC rowhouses in NE DC or Petworth DC, who'd be willing to share how much they've spent on a decent flip. Most of the rowhouses in Petworth are in the high $500k range with the A...
Michael Plaks
Another misleading presentation on cost segregation
Cost segregation is a great tax strategy when applicable. I certainly endorse it and implement it for my clients. Again, when applicable. What I cannot endorse is the misleading presentations by some cost segregation ...
Eli M.
An accountant in Philadelphia, PA Philly
Dear BP community (specifically the Philadelphia part of it),If you know an inexpensive and trustworthy accountant in Philly, who can help me to transfer my LLC from NYS to PA, please, pass along his info.Thank you al...
Joey Dwyer
Closing gifts
Hey BP Real Estate Agents ! I'm closing on my first buyer side sale as a Realtor. I'm just curious if you have any cool ideas for closing gifts and how much I should spend on it. Listed price was 519,000 and I got...
Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
Craig Sweeney
Buying out of California
Hey all, living in California and buying in another state. What safe guards do I need to put in place for buying outside California. I'm buying with my sister-in-law and need to think of ways to protect ourselves or...
Zack Lofton
Commercial BPO
Hi everyone - I've had a very hard time finding a broker who will do a BPO or even CMA on commercial investment property and wanted to see if anyone had any recommendations. I really just need past sales comps to look...
Herndon Davis
How to Refinance, Repair Vacant Multi-Family
I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...
Tyson Scheutze
The Price of Property Management
In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...