I just set up an llc. The partner I'm working with wants documents. Is this normal procedure?
Hi Everyone, I put an offer in on my first multi family building: a 7 unit, 100 year old building in Albany NY (Most North East inventory in my price range is this age). The question is: any specific items or red flag...
I'm considering a duplex that has both units filled with m2m tenants. Each unit is paying about $200 under market rent. What are your guys thoughts on increasing rent as soon as I make the purchase? I don't mind if th...
Hey BP community,
I have a motivated seller that has four unity’s he’d like to sell using owner financing. He hasn’t requested a sales price, but is thinking along the lines of the 1% rule. Gross rents are $2630. The...
I "stumbled" across a website that provides cost segrgation reports. What was unique about this one is they will sell you a membership and then allow you to create reports on your own. Unfortunately I didn't note thei...
As I have heard there are always wide discrepencies when using online tools to establish values for a given area.I came across a site called rentometer.comI have looked through the site and it seems to have vague actu...
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Can some one please explain the difference between a quit claim deed And a quiet title action in regards to tax deed auctions? Why would I need a quit claim deed and/or quiet title action? Do you usually need both whe...
Hello all,I've heard it said that a beginning investor should analyze 3 deals per day even if he isn't buying presently. I started to do just that and I quickly found that analyzing 3 deals per day is giving me fits. ...
Is it better to go to Home Depot and pick out your own supplies to give to the contractor or give them a list and let them get it for u? Would that affect the bid price they put in to get the job?