Hello BP world! I'm a newbie to real estate investing but not to investing in general. A little about myself, I'm a finance major and currently working for a bank as an investment associate/financial specialist. I bou...
Hey all! Check out this deal I came across and let me know your thoughts on it! I did this at the assumption I would be purchasing the asking price!Info: 3-1 bedrooms, 1-2 bedroom, and a commercial spaceRents: I assum...
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
BP Members,I'm looking to dive in to real estate investing and came across an interesting portfolio that is being liquidated. The portfolio consists of 6 SFH's and 1 Duplex. All of the utilities are being paid in ful...
Hello BP family, hope all is well with you and y'all families with this self-quarantine? I'm still learning how to analyze deals for CRE multi- families units. Wanted to see if I analyzed this deal right? I live in S...
Curious on how you handle annual HVAC maintenance? Are you tenants responsible changing filters and annual service for your A/C and furnace? If so, how do you hold them accountable to keep these up to date?
The lease is for commercial use by a medical tenant. I'm trying to determine if it implies that the tenant pays the property taxes. "Additional Rent: During the term of this lease, tenant shall pay landlord, in month...
I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...
If you are planning on selling your rental to the tenant in a sort of wrap around mortgage scenario, are you going to be taxed for capital gains since it wasn't you living there? If so, when does it start?
Hello All:Background: I'm currently working towards my Relator License for the State of Michigan. In one such class, the instructor highlighted the importance of analyzing Real Estate deals with Depreciation for Buil...