Looking at buying a small office building to house one of my employees for data management.Building built in the 80's.7 spaces about 7,000 sq ft in size one story.Owner has owned for years and just replaced roof, toil...
Hello All,
I'm interested in hearing any tips, suggestions & experiences from investors on how to lower their property management company's turn over expenses.
It seems like PM fees can add up and reduce retur...
My rental condo is at a point where I need to replace the water supply lines in the unit. The existing plumbing are the old polybutylene pipes that become brittle over time (30ish years) and are prone to developing l...
Dumb question but I am new to this and wanted to get some feedback. When doing a rental property analysis I have items such as repairs, CapEX, and Vacancy. When you actually collect the rent and pay the monthly expens...
Hi Everyone,Thanks for reading. I’m brand new on my journey and exploring rental income strategies. For my first deal I’d strongly prefer to stay local, but my market (greater Boston) is expensive and overheated.I’m i...
Hello BP community! My name is Joseph. I recently moved to Northern Virginia and wanted to get started in real estate investing through wholesaling. My strategy is to wholesale until I have enough capital to put a sub...
Is Cash-for-Keys a tax deducible expense?
I'm new to investing. I own a couple of single dwellings and purchasing my first duplexes. I have not done spreadsheets in the past to get a good handle on my expenses so I was looking for some suggestions on accounti...
I purchased a property April 1st of this year. The deal came quickly and I closed without having an LLC or an LLC bank account set up. I'm also in the process of filing a quitclaim deed to transfer title to the LLC (n...
Need advice on the best way to recoupe losses. I put an offer on a SFR. After some minor negotiations the seller accepted the offer. I did my inspections (general, termite, and the roof). The lender did an appraisal. ...