Christopher S.
Purchasing property with friends for personal use and rental
Hi everyone,First time poster here. I work as an attorney (in a field unrelated to real estate, unfortunately) and plan to purchase property in the coming months with two long-time friends, one who manages his parents...
Jordan Rajchel
Vacation Rental Opportunity
Curious to hear some thoughts on an opportunity that has presented itself. I am working on a partnership with some friends where we could go in with cash on a 53 Acre property with a 4 bed 3 Bath log cabin and 3 small...
Vincent Franzese
Keeping Good Finances
Hi All,
I'm new to BP, but very excited to have this as a resource moving forward!
I am looking for the best option for financial accounting for my rental properties, but not willing to pay for a service like quickb...
Jim Panek
Insurance Reimbursement for Frozen Pipe
Hello,I own an upper/lower duplex in Milwaukee, WI. I live (well lived) in the lower unit, and rented out the upper unit. BecauseI lived in the home I had a homeowners insurance policy (not a landlord policy). On Chri...
Jay Williams
Great Foundation & Ready to build a portfolio
Hello all,I am from Jax, FL and I currently own a duplex there. (airbnb 1 side, the other is geared towards medium term rentals)I have all the tools I need to build a portfolio; however, I am lacking the knowledge on ...
David Kirkpatrick
A casual encounter turns into 5k a month in profits!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,250,000
While attending a church function I met a man that had some multifamily units. He mentioned that he a...
Lisa Ryan
First Deal: How are the numbers
Hi,
I'm looking at a 3 unit near a college in central PA.
Units rent for 600, 650 & 700 ($1,950 per month total)
Owner pays for heat (approx $4,000/yr) and water (approx $1,800/yr)
Price...
Dan Gongora
how to purchase "cash"
Good morning BP community,
I'm currently investing in 2-4 unit properties but I'm quickly realizing that in order to be competitive in my market I have to be able to offer cash. My current strategy is house hacking wi...
Clint Gaskins
Buying a Long Term Land Lease - Cap Rates
Evening!I am performing due diligence on a waterfront marina and retail complex in the Caribbean. The property has been in operation since the mid 1980's and has been on a renewed land lease since inception. Currently...
Quinton Thomas
Tax Planning strategies
I'm Curious to see how other REI handle their taxes and when do they start the planning process. I've talked to a few CPAs in my area and very few of them know the many tax benefits that come with RE. Any recommendati...