Hi BP Members!
I’m finally starting my real estate business idea and am looking for a tax person to give advice / work with.
My girlfriend and I focus on buying fixer-upper properties in Ohio to rehab them to hold l...

Hi all, Would you rent a unit in your building to properly manager . How would you structure lease so it won't negatively effect value of building. Can I list the higher rent but then agree to a monthly credit for he...

I have a property in my personal name that I plan to rent annually.  I created an LLC to collect rent and manage any expenses related to the property.  My accountant told me that I needed to move the property into the...

I have a local property manager and he charges me a flat fee per unit which covers all collections, interactions with tenants, minor repairs, new tenants, and assisting on evictions.  How do people normally track expe...

Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...

As far as the "50% Rule" goes.

When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...

Hello Everyone, I have two quick questions. We are currently looking for our first real estate property; multi-family to be exact, and have some questions regarding expenses and cap rates:1. Operating expenses - I hav...

I am currently looking at a duplex in a descent area that will cash flow 470 per month before taking out for maintenance. I just wanted to get an idea of the amount some of you out back from rents. Total cost of unit ...

I am looking to purchase an 8 unit apartment building in a good area. Purchase price is $350k, with 20% down puts me at $70k invested (before closing costs) and $280k financed for 15 years. Property gross income is $6...

I live in California and am thinking about investing in a fourplex in Utah? My fear is my responsiveness to the rental. I've been told to hire a property manager, however, they can suck up much of the profit. Those...