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Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...
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I recently purchased a 12 unit building which I would like to take from class C+ to class B+. There are two 3 bedroom units on the second floor and the rest are 2 bedrooms. I was just given notice (for November, not ...
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Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
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As of July 1st, 2024 Colorado will be making a change from a traditional tax lien state to a system that is hybrid, more like Florida. I have glanced over some of the new law, from my initial interpretation the new sy...
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I’m here to tell you about one of the best real estate investing software out currently. Its called Freedomsoft. I was lucky to purchase this when it first released in January. And I must say its amazing. Freedomsof...
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Whether you own 1 or 100 investment properties I'd love to get your answer.Thank you kindly, Suly
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As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
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duplex for 400k price, profit will be $3250 a month, cost $3100 a month. Is $150 cash flow worth it in anyone’s opinion?
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HI everyone, So I have noticed a trend among some of my fellow property owners here in Los Angeles, California. As you may know, it is illegal to deny someone the opportunity to apply for a unit simply because they ha...
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My husband and I dreamed of these for the last 18 months... We pushed, paid things off and saved money... Did much of the work ourselves, and here we are! Landlords! (well, we are taking applications this week) The...