Eric Flanagan
Moving Power Lines / Utility Poles - Chicago
I am interested in buying what is now a one level commercial site, to build six condo units.Currently in the alley next to the building there are about three utility poles up against the side of the property with a lo...
Joel Johnson
Common Areas in a House Hack (Taxes)
I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...
David Maldonado
Build to rent (BRRRR with new construction)
Hey y'all,
Anyone utilizing the build to rent strategy in or around the fresno area? I am interested in pursuing this strategy, but I don't have any experience with new construction, besides ADUs.
My plan would be t...
Andrew Benavides
All bills paid duplex
Thinking of purchasing a duplex. It is both for sale and rent. The rental ad states all bills paid. Walking the property I noticed there’s only one ac unit and thermostat in the bigger unit. Sharing one unit and all b...
Carlos Arjona
Feedback regarding Holding Costs
Hello BP!I'm very new and I'm trying to wrap my head around the basics of holding costs. Regardless of the strategy (flipping or buy and hold) there are going to be holding costs present if the property requires some ...
Devante Boll
How Difficult To Get 5% Conv
Hello BP,Diligent researcher here, in the beginning of my acquiring knowledge phase. I have a question in regard to the 5% Conventional loan. Is this a hard loan to obtain? I have heard it is pretty rare, but it is th...
Sharon D.
Converting personal residence to rental--tax questions
We bought a home in 2016. Moved out in July of 2021 and started a very drawn out rehab project. Finally got the place listed as an STR in December of 2022 and have been booked solid ever since.At what point do I sta...
Karl Kauper
Water/sewage Fee on Top of Rent
Hi All — I’m an out-of-state investor and own a 12-unit MF in the Cleveland area. My building is not separately metered for water/sewer, so I pay those expenses. Does anyone know how common that is (for the owner to h...
Ralph R.
you win some and you lose some. I lost this one.
My Father and Both grand parents were realtors and Landlords. I grew up immersed in real estate, dinner talk was easements, right of ways, surveys, evictions, Etc. Etc. For many years I avoided real estate. I h...
William R Johnson
Utilities included in the the first 50%, using the 50% rule
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...