Hi!I've received an offer summary on an apartment syndication. There is a lot of information to dissect here. How do I determine if it is a good deal or not? After all, these are projected outcomes. Is 8% pref return ...
Fee* (not few)So I've never gotten a commercial loan before, I'm wondering if other people have experience with this. The mortgage broker is asking for a few payed from us the buyer for finding the mortgage. Ive dealt...
Hi BP community! I have a plot of land that I am looking to do my first build (to sell). I just read through J's Diary of a New Construction Project, and am currently trying to figure out whether to begin the process ...
I just renovated a house 🏡, super cute. I moved in a beautiful family with 2 kids. The neighbors next door are kind of rough and they smoke marijuana in the garden every night. It stinks and my tenants want to leave. ...
Hi! I've got a question regarding doing quick fixes on damages that would otherwise be a humongous expense, and how tenants should actually be charged for these things. Here is my story:I have a tenant moving out th...
Let's see if I can keep this short and sweet. I just closed on a 7-unit building in Chicago for a very good price. My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system...
Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...
My neighbor saw tanents smoking inside of garage with door half closed. don't know what exactly they smoking. all of them said they don't smoke in the application,but I don't have a non-smoking policy in the lease(les...
I recently purchased a condo that was previously owned by a cigarette smoker. I've repainted the entire condo and replaced all the carpet with laminate flooring. But for some reason or another, there is still a ling...
I am hoping that some of you may be able to help me avoid potential pitfalls when evaluating the possible flip of a home that has been sitting vacant for 2 years. The property is in Austin, Texas, is in a nice neighb...