Jane Lynn
Tenant responsible for replacing old carpet after move-out?
We purchased the house in June 2017 and had the carpets cleaned prior to the tenant moving in. We are not sure how old it is, but there were obviously were pets prior with the last homeowner. The basement was heavily ...
Richard Nix M. Caasi
Investing in an apartment or a single family home?
Hello,
As the title states what's the difference between purchasing an apartment and a single family home for an investment purpose? Pros and cons?
Living in SAN Diego by the way!
Thank you!
Alyssa Magyar
Best Landlord insurance for long term rentals
I may have the opportunity to rent out my furnished rental long term. What is the best landlord insurance and umbrella policy to use? Looking for specific companies and coverages that would best protect myself. thank ...
Lauryn Meadows
Ten Unit Deal in OH
Hello! I could use some help analyzing/ negotiating terms for this deal. Any creative financing ideas are appreciated! The seller is willing to do owner financing with a down payment. I think I’d rather do owner finan...
Ken Francis
Tips on deciding wether to Airbnb or raise rent?
Recently I have been tasked by my family to determine the best plan of action with the mother-in-law house behind their home. They recently bought this new home that they're living in and a long with it came a separat...
John Garner
Private Equity Recapitalization
I am the GP of a multifamily syndication with 10 original investors. Over the last 2 years, the equity value of the original investors has risen 20%. We are now recapitalizing and refinancing and I need to bring in n...
Darson Grantham
Small MultiFamily Purchase Days before the COVID ball dropped
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Des Moines.
Purchase price: $125,000
Cash invested: $15,000
Packaged Deal with this property and the property right next t...
Steve Yoder
How can I pass utility costs to the tenants?
In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effe...
Account Closed
Real Estate Commission Rebates to list and sell faster
Has any BP Investors used the below strategies to sell real estate? Real Estate Commission Rebates is a great way to sell property quickly.Example: $500,000 listingTypical way sellers think they must list their home:...
Jeremy Lee
Co-ownership and section 121
Hi all,
Wanted to pose an interesting question for feedback:
Is there anything in IRS section 121 that speaks to the impact on holding periods when there is an increase in ownership interest in the context of a prop...