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I have not purchased my condo yet for my first rental property, but I have a question about setting up a business account both checking and saving. I am planning to start a business account with my credit union and la...
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Soon I will have listed my duplex for sale in Boston Mass. House is valued at $650K and when all is said and done will walk away with $600K in cash after closing. I want to buy another multi-family closer to where I...
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Hey BP Community! A 10+ unit multifamily deal I'm underwriting in NJ is in a location bound by local rent control laws. The rents vary amongst the units and are under-market so I would want to increase them. What is t...
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Hi all,I'm purchasing an investment property next month (December) (2 units). I want to maximize my tax savings when I file my taxes next April, so I was wondering what I should do til the end of 2022 to maximize my t...
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Apologies if this is redundant. I tried to find an answer posted already but didn't see one.Do you install tub/shower doors or just go with rods/curtains?I don't mind installing a shower door for a bathroom remodel, b...
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We recently had several Menards home improvement stores open in my area and they are awesome! I tend to get business items there for about the same price as anywhere else, but if you time their ads, they send you reba...
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I am currently looking for a bank that will loan less than 25% down for multifamily units. We plan to buy a 4plex in the Atlanta area and live in it. The loan would be a First time home owners loan and I would like to...
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Hi Fellow investors, i recently took over a 27 unit complex and it came with two pools - overkill for apartment of this size. Now, I figured it is very expensive to maintain swimming pool in apartment complex in Calif...
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So when you are doing a rehab, how do you handle categorization of expenses into capital accounts verses expense accounts? Do you even try to keep track of the difference? Any significant renovation to the house cou...
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I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...