Olivia C.
Charitable Remainder Trusts - tax strategy opportunity
Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
Tim Barry
Buying Condo for Father?
Hey all!
Just have a questions that i hope someone has done in the past.
I would like to buy my father a small 1 BR Condo in MI. This would be a cash purchase. I am trying to figure out the best way to ...
John Woodrich
Free lawn mowing at multi-family property
This weekend we had a tenant at our 4 plex call because an outlet wasn't working. We stopped by, replaced the new but defective outlet, and found out that our neighbor has been mowing the lawn for free. Also found o...
Tristan Pearrow
DSCR Loans: Lending Parameters, Key Features, and Up to 10 Units
Hey BP Community, a lot of you have had questions since I posted about DSCR loans last week. So...
Here's a follow up on my last post. This time I’m going to highlight some of the features of a few DSCR options for v...
Joe Doman
Referral fee from realtor?
Hello, new(ish) investor here,If I am working with a potential seller for a buy and hold property and cannot agree on a price, could I refer them to a real estate agent? If they close on the deal with the agent, could...
Kevin Robertson
Index Fund instead of savings account for child’s future
My son just turned 1. As most people know, friends and family tend to gift money to a child on their birthday, because they do not know what is best to give them. My wife and I want to be good stewards of this money, ...
Pearce G.
Question for self managers
What do you do when you are out of the country, in the hospital, or otherwise unavailable? Do you tell the tenant to handle their own emergencies? Do you continue to manage by phone and email? Do you designate som...
Jered Sturm
Favorite quotes?
I really enjoy good quotes to inspire me. Its like a shot of motivation in 10 seconds of reading. Ill share one of my favorites. What are yours? The following is a quote I reflect on often when using other peoples mon...
Paul Gamber
Do I need a 1031 exchange in my situation?
Hello!I am very new in investing and am confused on whether I need to use a 1031 exchange here:I currently own a condo that my mother lives in rent free. I don’t have a mortgage on it. I bought it for her in 2016 for ...
Trey Klauss
Improving Tenant Experience ideas
We have owned and managed rentals for several years, however we are looking to improve our tenant experience especially with day 1. Do you use Welcome Letters and Folders for handing over the keys and day 1? I have he...