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Hi all,My partners and I received an accepted offer on a rent ready, unoccupied, SFR in Milwaukee.My question is, at what point do we start advertising for tenants? Immediately? After inspection? After closing? Are ...
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Hello BP!
I have found a 14 unit place (4 tris and 1 du on the same property) in my local area at a good price and with good rents. I haven't ventured out into a commercial loan yet but I am considering it. I have th...
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I have a first time time land lord. I am fortunate to have a wonderful tenant in place. I am considering selling my property. The lease expires 6/30/24. I should have 200K plus in equity. My living situation is i rent...
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I just had an upleasant experience in that the house I had under a lease option contract was sold to tenant buyers I introduced to the seller. They were able to buy the house outright and did not need to use my Rent ...
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I currently own two multifamily units and am looking to take the first step in buying 22 unit apartment building. Here is the deal info:-
Apartment Budling with 22 units. Operating Expenses includes taxes, vacancy, ...
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I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
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Wondering what the best strategy is. Do I put a low deductible on my wind/hail and then use insurance to pay for a new roof once it fails? I'm worried about how much penalty I'll have for using my insurance.Or, do I...
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Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
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It's almost that time of the year again ... TAX TIME !!After using my current CPA for many years he finally retired last year. He was a CPA working for himself, No big fancy offices etc. I really likes his personal ap...
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Hi BP,So I've got a family friend who is looking to get rid of a disaster of a property. He owns it outright and I would like to approach him with an offer to buy it off him with seller financing from him. I've never ...