I'm new to real estate and am in the education phase. While reading @Brandon Turner 's Book on Rental Property Investing in chapter 10 under utilities it states that you should look for properties where utilities can...
I have the opportunity to acquire a property from three heirs, one at a time, via quitclaim deed. This may be the only way to make the deal happen. If I did this, what would be the possible issues down the line con...
I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...
I have an old house that is a 2 unit building, one up and one down. It is currently down to the studs and I am replacing all mechanicals and windows. I have seen some threads on how to finish ceilings to eliminate n...
I just received an updated contract from my Cleveland Ohio Property Management company, and I'm taken aback by the additional fees that they have added to the previous contract. Thinking of changing property manageme...
Hello BP,
I'm a rookie investor looking to work with partners on Rent by the Room strategy. I will be looking for duplexes and SF to do this. I plan on living in the property in one of the rooms to start leasing to...
Hi all, I was wondering as a commercial property owner how to effectively challenge or reduce property tax hikes?Some of the strategies I've used in the past are:-comparable sales data nearby-take pictures to show dam...
.66 acres in growing community. Busy hwy frontage. 4 commercial rental location on the site. Currently all rented out though 2 will soon be empty. 1 of them I will use for my wife's business and the other will need to...
I have just been able to purchase my first 2 properties with cash. I had to do so as I am permanently disabled so have very little verifiable income. I did use nearly all the cash I was able to set aside to do so...
I currently have a partnership LLC with my wife. This LLC's sole purpose is to have investment properties title under its name for liability protection. Few days ago, I was on the phone with my CPA, and he was recomme...