Nick Mullen
Buy and Hold...How would YOU structure this deal...?
(ARV x 0.7) – Repairs = Maximum Purchase PriceMe and partner are looking at an off-market townhouse that needs 150k of work and has an ARV $1,100,000. (1,100,000 x .7) - 150,000 = 620,000620k would be the max purchas...
Reginald Lewis
Rent increase... When,to increase??
when is a good time to increase the rent,after buying occupied rental properties???
Daniel K.
Switching Agents and Keeping Your Lender
My agent is on vacation and won't return until two weeks from now. We closed on a SFH in October 2019 and that is the last business I ever did with him, though he still shares his MLS with me. However I have just be...
Richard Arden
How do you manage contractor appointments?
How do you manage contractor appointments?We set up multiple viewings at the same time for tenants. But what about contractors? They seem more reliable to show up and also deserve our undivided attention. Not to menti...
Xinwei Liu
Recommendation of repair service for rental property
Just curious what repair service do smaller landlord here use here? Especially I am looking for repair service for major appliances such as AC, dishwasher, washer/dryer etc (but I also open to learn about company for ...
Jelani Sanders
Million Dollar Property, UNDER MARKET! (No Rehab needed!)
Hello everyone! I have an EXTREMELY interesting deal on the table and need all the help/advice I can get with executing this deal. I will get straight to the details of the situation.There is a property that my friend...
Celia Moore
Will we get another 1031 Exchange extension?
Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...
Matthew Paul
Commercial management companies taking a hit .
My neighbor works for a major East Coast commercial property company ( I wont mention name ) They have strip shopping centers up and down East coast . They are delaying the rents on some of the smaller businesses hopi...
Manish Singh
San Diego rental near freeway
Hey Everyone,
Hoping to get some suggestions from the BP community about a purchase that I am planning to make. The property is close to CA 56 and I 15 (92129). My worry is that its too close to the freeway. This wil...
Stacy Handlin-Lefever
HOA in Birch Bay Washington slow to repair leak in bathroom
I have a unit in Birch Bay, about 1.5 hours outside Seattle. The upper unit is leaking into my lower unit master bath. The walls have been opened up and this has been determined to be an HOA responsibility. Since N...