Seeking advice for someone in my current situation.I’m looking to be a first time property investor with initial intentions to purchase a multifamily property quadplex owner occupied.I’m preapproved for a conventional...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
It's been 20 days since my first introduction post and I have been researching, reading, listening to podcasts, pretty much absorbing as much as possible. I recently upgraded my account to Pro so I could use the Rent...
I'm starting to think more broadly about how to structure different "buckets", one of which is an IRA. I'm potentially interested in rolling an existing IRA into a self directed IRA to purchase a multifamily with the ...
Hello BP community. I have a homeowner who bought a multifamily a few years ago, hired a management company to keep it maintained and rented, and basically forgot about it. Now the place is trashed, tenants stopped pa...
About a month ago, there was a break-in at a property I manage in Cleveland Heights near the East Cleveland border. The owner was interested in selling the property, so he gave the listing to a real estate agent. The ...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
I would love to hear from anyone who has owned income property near a college or university for at least 3-5 years and has experience renting to college students. Does the annual turnover kill your cash flow? Certainl...
I am not sure what sub forum to direct this to - this one seemed like the best one. I'm turning to the forum for some preliminary advice.Here's the short version:My father still lives in the house I grew up in. It's...