Ian Kinder
Need Help with Customer Support Issue
I am on my second year as a pro-member. I have purchased several items, always in the ultimate bundle. I recently ordered 4 more items, which I intended to be in the ultimate bundle but made a mistake and ordered two ...
Oladimeji Sonibare
How to structure an equity partnership??
Hey, guys!I’m getting close to closing on a deal with an equity partner. This will be my first partnership so have no frame of reference. What’s the best way to split our equity if he’s providing the down payment and ...
Allen Lopez
Landlord is kicking me out to make repairs to ceiling
Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
Robert Power
Anyone Househacking Multifamilies in New Orleans?
Hi all,I am fairly new to BP so if this post is in the wrong place feel free to let me know.Currently, I am looking into buying a duplex in New Orleans and living in one side. However, typically when I run the numbers...
Jason Nguyen
How does a price of multifamily increase in value?
Hello everyone,
I recently bought a fourplex in Atlanta, GA for $500k with 25% down conventional loan, and the previous owner rented it out at a price way under market value. I then spent nearly 30k to fix up all 4 u...
Adam Huntahlers
Cash flowing duplex
Good morning all.I am looking at a interesting deal that on paper seems like a no brainer. A property manager in Dayton OH I have been working with me has brought me a duplex that one side has been rented out since 20...
Tim Salla
Writing off repairs
All,My wife and I are going to turn our current home into our first Rental when we move in the next year, or so. Our home needs some minor repairs before we rent it out. How soon after the repairs are completed do we ...
Adam DAnna
Financing a Condo to Fix then Rent
I am looking to finance a foreclosed condo in Mercer County, New Jersey.- Purchase Price: $92,000- Repair Budget: $25,000I was quoted the following terms with a Homestyle Renovation Mortgage:-Total Loan Amount: $96,04...
Rohan J.
Thoughts on this partnership structure???
I live in Los Angeles, and I've been investing in multi-families in the midwest for quite sometime now. A business colleague, who I've worked with in the past and trust 100%, mentioned that he wanted to invest in real...
Nate Michaels
Owner-occupied duplex, how to depreciate properly
Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...