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Would you buy a Multi-Family with a lead water supply line?
Sorry for the double post, but I couldn't edit my last one.Would you purchase a multi family that had a lead water main if you didn't have the budget to replace it? The estimate to replace the one in my situation is a...
Devon Moore
Direct Booking Sites
Hi Everyone!I am planning to start a direct booking site for my short-term rentals. I have done some research but curious about the experience people here have had. 1. Have you gotten insurance similar to Air Cover fo...
Teddy Johnson
HOA will use locksmith to enter condo
Any thoughts? my HOA had threatened to let them into my condo to inspect the fire sprinklers visually. I am not home that day. They've threatened to take the locks off using a locksmith if I don't give them a key. ...
David Holmes
Creative lending deal for a 6-plex property
Hey guys, I a considering a real estate deal, and I wanted to see if any of you have had experience investing in a multi-family (this is a 6-plex) property as part of an investor/lender group. I am basically one of 6...
Frank Macias
Purchase a house with a mother in law suite w/o sub-metering?
Hello BP members!I am contemplating on purchasing a single family home that I will house hack. The property has an attached mother in law suite and an attached efficiency. The numbers look good (details below) but tho...
Reagen Natho
Separating Days of a Booking Across Months for Taxes
Quick question! I have a spreadsheet on which I'm tracking all of my revenue & taxes that need to be paid. For tax purposes, do I need to breakdown a stay that goes across months?
Victor Lee
Foreign investors tax liability in a syndicate or a fund.
I have two friends living abroad who want to invest with me. One of them has a green card, and the other does not.
Both are in India now but used to live in the USA.
Assuming I follow all the securities law and regu...
Doug McLeod
New Member introduction - Cypress, TX
My wife and I joined a RE mentoring and education group in the Houston, TX about a year ago and decided to pursue SFRs as a way to supplement retirement savings/income with a view toward possibly shifting to Apartment...
Adrian Otto
Marijuana in rental property what to do?
Tenants are not allowed to smoke marijuana inside or on the premises. They signed the proper legal addendum. However can not pin point what tenant it is. It smells terrible and my property managers get constant feed b...
Ben Josephson
Everyone told me not to, but I did it anyways.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $216,000
Cash invested: $10,000
Sale price: $330,000
I bought this 4 family with 10k down and was able t...