Jack B.
Having second thoughts about four plex under contract
King County, WA. 550K purchase price. Only comp available as well as brokers report shows one similar four unit selling for 50K less. Tenants seem decent but low end. Deal seems to cash flow less and less the more I l...
Elad Messing
over 90 days of rental being vacant - any advice?
Hi Everyone!We have a 4 bedroom single family rental in Plano, TX that have been vacant now for 90 days (!). We haven’t had any issues renting it out in the past, therefore we do not understand why we struggling this ...
Brandon Turner
Have you done a 1031 Exchange? Let's talk!
Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...
Max James
Being smart with your shared furnace & $
Curious, as it's starting to get colder here, I'm thinking about when I will fire up my furnace for my four family and what temperature to set it to.
When do you other landlords fire up your furnaces and what temp do...
Tom De Napoli
How will the COVID-19 Crisis Impact & Likely Recession Impact RE?
It's 7pm and I just leaned out the window of my Brooklyn apartment to cheer for front line heroes in my city's and the world's fight against the COVID-19 Crisis. This is a new routine I could not have imagined just o...
Benjamin Barnard
Minnesota Series LLC vs Holding Company
I'm just starting to get behind the idea of investing in buy and hold real estate in MN and I am looking to form an LLC. As I want to structure it in a way that allows for easy growth, I'm looking at either a Series L...
Lance Lvovsky
Business Summary of Coronavirus Relief
In addition to the tax relief introduced under the CARES Act, there are a number of other provisions non-tax related that are designed to help small businesses during this time of crisis.As always, consultant your tax...
Ronnie Hutchinson
Adding an extra bedroom in a shared house, should I decrease rent
I currently have a 3/2 that I rent by the room. They are two main living rooms, I am thinking about taking one of the living rooms and converting it to a bedroom. Of course by a license contractor with the correct per...
Allan Wu
Don't fix what is not broken or pre-emptively fix it before it can be broken?
Hi BP -- I'm currently working on my first House Hack. I'm debating whether or not to fix old sewer waste pipe. It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers a...
Maikel Figueredo
How to wholesale when house is listed with and agent?
Hi BP family hope everyone is well.
So I still do not fully understand how to wholesale a property that is listed with an agent. I was thought to use a letter of intent letter to obtain the house.
Is this all you have...