Colton T.
What's a standard % of TI Allowance on a shell retail space?
Good evening,I'm leasing out a 2000 SF shell retail space on downtown strip that's been used for retail for the past 15+ years. Stripped down to shell since last tenant. It's useable with minimal build-out as-is but a...
Anthony Williams
Using a HELOC to move forward
As a newer BRRRR / Buy-and-Hold investor, I went shopping for HELOCs recently and would like to share some insights gained from this recent experience for other people obtaining their first HELOC. Hopefully, this docu...
Casey Mariucci
Remote Leasing // Virtual Leasing // Self-Tours // Buildium // Tenant Turner
Hello BP Community! I am currently in the process of developing a fully remote/virtual leasing strategy for our rental units located in various Midwestern MSA's (e.g. Pittsburgh, Columbus, Indianapolis). With rapid ...
William Allen
Calling all accountants; property in my name or LLC?
I am getting ready to put a property under contract and I need to decide if this will go into my name or the name of my LLC. Can an accountant please help me out here with my logic please?Facts to work with: I am ab...
David Mitzan
NPN, SPL, PERFORMING AND REO
A true buyer has established relationships with there sources. NPN AND REO either sfr, th, and condos via npn spl and or REO in bulk is ONLY advantageous if you have a custodian to board the assets. A service company ...
David C.
Any lawsuit stories where umbrella helped?
I’m deciding whether or not to get an umbrella policy (property is already in LLC) and will likely get one - but was wondering if anyone had any personal stories where something happened and the umbrella was needed an...
Joseph S.
Strategy Given I'm Not Looking for Cash Flow
I know a lot of folks on this site are looking for cash flow, but as a part-time REI I would strongly prefer capital appreciation (for cash flow in the future) because I have a good corporate job and want to minimize ...
Chavel Diaz Jr
Update on Launch Control (LC) after using it for 6 days
Day 6: Locking up my 1st deal today after using LC for 6 days. Using my Owner Finance Mindset I'm buying a MH for 8k with a 60 day option and no money down/no money out of pocket. Applying my Basic Capitalistic Formul...
Bo Huang
Wholesale Formula for SoCal?
Hey BP,I have a question on the wholesale formula: ARV x (%) - repair - assignmentWhat formula % do you use for wholesale calculations in SoCal, especially in San Bernardino/Riverside area and Orange County area? I fe...
Matthew Trotter
Tax Deduction or Depreciation for Small Renovations?
I have a few small renovations I want to make to one of my rentals. Each renovation is inexpensive, and it would be so much simpler to treat them as deductions for the 2016 tax year rather than depreciate them over se...