We all know that the wacko environmentalists want to stop global warming, aka 'climate change' now that the temperature has inconveniently stopped going up. Anyway, even if we pretended that we believed that global w...
Last week, the new bill was passed by city council to address housing affordability.Here's a summary of the changes to existing ADU laws in Seattle. https://www.seattle.gov/council/adu-eis- Allowing two ADUs on one lo...
My wife is supportive of me owning and managing investment property, but I would like for her to be more involved. I would like a recommendation of a book that would peak her interest. The books that I have read t...
I’m concerned about Minneapolis’s rent increase restrictions going into effect soon. I’m a new MF investor, trying to pick an area ( or areas) within 30-60 minutes from my St Louis Park home, to buy apartments 50 door...
Hi BP, is it possible to 1031 exchange an sfr to another sfr of lower purchase price, yet include rehab costs within the 90 or so days (can’t remember the time limits) to make it cost more? This may be a common quest...
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
My proposal is quite basic.
I currently own and manage two properties ( 4br/4bth). They are both condos in the same building, not a difficult tasks. I do everything my self, and it takes about 20 hours of work a year...
Hello all! I appreciate you taking the time to read this post and hope that it will spark some constructive conversation that is not too repetitive (someone may have already asked this). I am about to enter the milita...
Have any of you participated in Peter Conti's mentoring program? He wrote"Buying Real Estate Without Cash or Credit" with David Finkel and most recently "Making Big Money Investing in Foreclosures."
I'm a newbie, bel...
We may be purchasing a building which houses hispanic tenants. We have never done this before.
Besides the language barrier, are there other issues? For example, how would you deal with leases to tenants who can't rea...