Hi everyone. I'm purchasing a 4plex in Southern California with no rent control and want to know how soon I need to sign new M2M agreements with existing tenants. Of course, I would like to add a rent and security dep...
If you want more affordable housing, attend city commission meetings and advocate for approving new developments. More units = more options :).Its supply and demand. Every time we build a new home, we add more supply ...
I’m wondering how people get healthcare after they quit their jobs and start investing. I know there is individual plans but they are very expensive. It’s usually best to get healthcare through employer. Does anyone h...
I just acquired a fourplex in average condition with existing tenants on a month to month basis. The tenants live there for several years and only had one rent increase from $750 to $775 6 months ago. In order to get ...
Is it possible for me to update a multi family,8 units, from outside. All Units are rented. I mean new fences, painting, fixing the pavement, adding car port and still get a good appraisal so I could get my money back?
Hello everyone, I am closing on a three family unit next week. The first floor is 3 bedrooms with washer and dryer in the unit (1,000 rent). The second floor is 3 bedrooms slightly smaller without washer and dryer (85...
Hello everyone. I am under contract on a duplex in a good area of Springfield, Ohio. Current rents are well below market @ $460 and $500 a side. The exterior of the property is in excellent shape but the interior does...
Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...
So we just bought a fourplex in a great location and the rents are drastically under market per unit, literally half price in one of the units! The last owners never raised rents on the current tenants for the last 17...
Hey BP Nation,
This might be stale news to some, but I just wanted to share a few tax changes I have been sharing with my clients and thought was interesting. As the title reveals, they are Federal changes with one ...