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My partners and I are looking to purchase a large multifamily property in Florida. I'm looking for assistance on how property taxes are assessed and calculated. I reached out to some county tax assessors and didn't ge...
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What's the most cost-effective way to prepare taxes for a basic partnership? I started an LLC with 6 partners with the purpose of constructing a home and selling it in NY State. The LLC has incurred only expenses thu...
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Hello Everyone,I just purchased my first 5-bed, 3-bath house using my FHA loan, and I am planning to rent out the rest of the rooms. I would like to keep house purchases like fridge, washer, dryer, etc. separate from ...
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Hello BP members,I recently got a potential BRRR property under contract however it is an REO "occupied" property and the bank is not allowing any inspections or appraisals. Based on a drive past, the property appears...
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Hello,What are you all using for your price per square foot renovation estimates in Philadelphia? Thank you! -Karl
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $51,000
This was a 3 unit we purchased for the purpose of Short term rentals in Wisc...
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I’ve searched this topic but couldn’t find the answer I’m looking for. I have a friend in college who is looking to buy a home to live in while attending school but doesn’t have the down payment or income requirements...
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Hi BP. I'm actively looking at properties in need of work in Fitchburg (varying levels of construction) and was curious if anyone would have any reliable contacts for contractors in or around that area? I don't want ...
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Real estate investing is an exciting venture! Before you run out and buy that first or second rental property, it is important that investors use strategic financing for their rental properties and put a plan in place...
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Hi BP,Maybe we chalk it up to the "cost of doing business" when applying for loans with multiple lenders to find the best deals on financing, but what are some rules of thumb to try to avoid getting multiple hits to y...