Hello Everyone! We are a husband/wife LLC (single member LLC, disregarded entity) and report our rentals on our personal taxes. We currently have four multi-families in two LLCs (10 tenants). We plan to add more small...
Hello everyone,I own a restaurant that is on the MLS for sale. Once it is sold I am going to get into real estate investing. The restaurant is still in operation and must continue to operate until it is sold. My whole...
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Greetings BP Self-Storage gurus,I'm a 5 year active multi-family investor and landlord but am closing on my first self-storage in about 30 days. I picked it up for a song when looking for commercial as my bandwidth m...
We use QB for accounting and Rent Manager for PM (I often feel like it uses us - although there customer service reps are great). I was wondering how people do classing for MF properties. We have 60+ doors. Most multi...
Hey BP community,So I'm really interested in moving forward with my first rehab/flip. I've done some prelim analysis and spoken with a couple of contractors, but have not pulled the trigger on a deal yet. My biggest f...
Good evening,
My name is Luke Hinshaw, and I happened to stumble across this app while looking at ways to make my dream of owning real estate a reality. I am a nurse by trade, but am currently working 70-80 hours in...
Hey guys, this is my first post here and might be a total newbie question. I'm looking to buy a commercial property from a family member. Its been owned for years and used as a plumbing business, it was never rented s...
For those seller's agens, what would you do if the seller insisted on a unreasonably high listing price, and were not much negotiable on the sale price?
Would you just put the list on MLS, and then forget about it?...
I just recently listened to the BP podcast #210. On the second half of the episode, Sam is interviewed. He mentions that he owns a single family home(SFH) and rents out each room. Has anybody else done this and have a...