David Ounanian
What are common landlord expenses, and who covers them? Landlord or tenant?
When managing a rental property, here are some common maintenance expenses to be aware of. Some can be passed on to tenants, while others are usually the owner's responsibility:1. Sewer Cabling/Drain Cleaning: When th...
Rich Somers
Currently negotiating first multi family deal and have questions
So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
Devin Cook
Renting house from property owner
Hello, I just thought I'd ask this question and see if there was any way I could go about this. I currently rent a 3 bed house for $1,200. The rent went up this year, it was previously $1,050. It's my girlfriend and I...
Chi Sonubi
Due diligence on STR
Hey everyone!I am a newbie STR investor and have recently had one of my offers on a property accepted. I am in the beginning of the due diligence period. I have a general idea of things I need to look out for, but thi...
Matheu Santos
How’s the multi family market in Florida?
I’m overseas and want to invest in Florida, where I plan to live. From what I’ve seen on Zillow, from Tampa to Orlando, none of the multi families (duplexes, triplexes) have a decent CoC return. It’s mostly negative! ...
Kareem Webb
Weird situation but could be $$$
So a guy with cash wants me to find a property and oversea the process of fixing and flipping it....what should I be charging this gentleman....by the way this is my first time doing any of this 😬🥴 he wants to stay un...
Andrey Y.
Best 'Expense Tracker' app
Do you guys use any of these for iOS or Droid? I have always been curious how much I spend per month/year and on what, but never got around to start tracking. Which app(s) do you like and why?
Cassidy Burns
Drafting a Promissory Note
Hi BP,I am struggling with the process of drafting a promissory note. Do I have to have an attorney do this? I have a few examples of notes that co-workers have sent me but it has all of their information on it. An...
David Rutledge
Capital gains tax help
Hi everyone,
I purchased an investment property in 2017 for 67k and I’m selling it today for 91k. I am wondering if I will be charged capital gains on this considered that my wife and have travelled overseas for the...
Michael Stole
where to find rental information
How could I find out what the average rental rate is in an area? Is this information available on MLS? Thanks.