Jehanzeb Beg
Selling after owning multi family for 1.5 years
Hello,I am located in Chicago, IL looking to sell my 2-flat after owning for a 1.5 years. What type of tax I will have to pay on the property? I owned-occupied one unit and rented the other
Christi Wolverton
Insurance for multiple properties
Working on renewing our insurance and because we have a lease of less than 12 months, (most are 60-90 days and are often renewed into longer terms once they establish themselves here) our rentals are considered short ...
Semilore Lawal
HOW TO BRRRR MULTI-FAMILY WHILE REDUICNG TENANT BACKLASH
Hi All,My understanding is that the value of multifamily depends on the NOI of the property. This means to BRRRR Multi-family, you have to renovate the building and raise the rent of the units to market rate to get yo...
JT Marlin
Buying future retirement home in self directed IRA
If I were to buy a future retirement home in a SD IRA, is there anyway for me to take ownership of the home without taking the entire distribution in the year I were to move into the home? For example, if after I t...
Chace Fraser
Portland, Oregon Duplex House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukie.
Purchase price: $410,000
Cash invested: $30,000
House Hack
Single level ranch style duplex in the Portland met...
Krishna Surendra
Seeking Recommendations for Property Management Companies in St. Louis
Hi everyone,
I own two properties in St. Louis and am seeking recommendations for a new property management company. Any suggestions would be greatly appreciated.
Thank you,
Krishna
Brandon McCombs
Ohio - if a co-tenant moves out whose responsibility is it to ensure lease is updated
I had 2 tenants (male and female) in the same unit a while back. They both signed the lease. The guy of the couple wasn't really living there most of the time because he traveled for work his business probably 90% of ...
Matthew Prokey
How Large of a Safety Net to Have When Making Your First Deal
Hey everyone,I am just getting into the real estate game (hopefully soon). I have done a fair amount of learning up on my own but in your opinion how large of a safety net is reasonable/necessary to have after making ...
Jim Kaufman
Over-improving electric or doing it right?
I am putting together my SOW for my first flip and want to upgrade the electric on the two story to grounded. Why? I want to put out a good product (that sells easy!) and it makes sense to me to upgrade the electr...
Jeff L.
Stuck at 10 Loan Limit! Seeking lender/financing to move past it!
Hi BP,I'm a real estate investor from Southern California who buys single-family houses in Indianapolis.As you may know, Fannie Mae doesn't allow me to get any more conventional mortgages after 10.I'm closing on my 10...