I purchased a multi unit property ,the  renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...

Good morning BP,I am looking for recommendations for mold remediation services in SE Wisconsin.  I recently purchased a property that already had tenants, I've owned this property for about a month.  One of the tenant...

Hello,My tenant has an outstanding expense for plumbing for which they owe me $300.  This bill is over a month late.Today they paid a some money and claimed it is for rent.  I told them that those funds will have to b...

I am looking to switch from SFH to multi family and don’t understand cap rates

Do you want a higher or lower cap rate? And how are cap rates typically used in the multi family side of underwriting

Thanks

Hello all!My name I Michael, I'm 34, and I'm from good 'ol ridiculously expensive LI, NY :-)I'm currently working in IT and have at this time zero experience in Real Estate.  However, I'm beyond interested and came ac...

Peace and blessings to all . Hope everyone is staying safe from the virus . I’m finally ready to start my real estate investment journey . Thanks to everyone who has contributed at bigger pockets as it has guided me i...

I'm new and I need help!!!

3 bedroom home and 2 - 2 bedroom duplexes on 4 lots. House is renting at $800 w/ long term tenant. Duplexes are empty but have rented for 600 in past. Repairs and updates needed. Seller is...

Hi BP World! 
I am looking into a mobile home park in Colorado. I was wondering if anyone with experience in mobile home parks located in Colorado could guide me on a few numbers. I want to breakdown the acquisition ...

Hello! I am new here to the BP forum and website. Have been listening and reading all their stuff for a while. Thinking about getting into the mid term rental market. I have a long term rental right now. I need so...

I live in Toronto and I would like to acquire a property that will provide some cash flow.  Can anyone recommend good books or other resources to get started in the Canadian market ?  Thanks!