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Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
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Hey BP,I've read a lot about the pros and cons about buying rentals through seller-financing, and I'm still unclear on why a seller would be interested in selling his property through this method. I'm trying to better...
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I plan to rehab many and am trying to streamline the process. Questions:1. Where should I put carpet and where should I put tile? 2. What appliances should it include?3. What are standard colors of interior and exteri...
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Hey everyone, I've been exploring markets outside of the greater NYC area, primarily for better cash flow opportunities, and have been doing a deep dive into Cleveland, OH. There have been some very informative posts ...
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Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
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I was just wondering if anyone invest in the C, D, F neighborhoods (aka "the hood"). If so what are the pros of this. The cons are pretty obvious. Do you still focus on certain areas or is it any "hood"?
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So the situation:The local police executed a search warrant in one of my rentals. The broke the door frame and damaged the exterior of a steel room with a ram. They then proceded to look for someone who 1) is not my...
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How’s it going BP,To get straight to the point with this post before I backtrack, I have decided that it is the right time for me to start investing in multi families and my goal is an apartment with a minimum of 5 un...
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I know that a lot of landlords are suffering right now. Much has been made of the struggles of tenants facing financial hardship and many landlords have been placed at the mercy of the now-exhausted small business rel...
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I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...