Jay Chong
Multifamily Unit Tenant Month-Month Contract
Hello, BP Family.
I just signed my purchase agreement to a multifamily unit in Los Angeles.
It's a four unit and 2 of the tenants are under month to month contract.
If I become the owner of this property will I be ...
Lynn Berg
Hiring a Property Manager
We’re about to hire our first property manager. We’re reading over the contract and not sure if we need a lawyer or if the contact is a standard one. The property manager was recommended to me by a realtor/investor ...
Michael Rinaldi
New IRC Sec 199A Tax News - Safe Harbor to Qualify
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
Kyle Bentz
evaluating MF
What is you process when evaluating a multi famialy property? Whats your step by step process?
Benjamin Eccles
The 50% Rule
I need some experienced investors to way in on this. How accurate is the 50% rule? I do not own any properties and I never have so I truly have no idea how much it costs to be a homeowner (including all of the expense...
Manny Cirino
HUD asked for Suggestions What do you think?
Earlier I was reading and interesting article today. Basically explaining how HUD is sitting on over 240,000 REO's and does not know what to do with them since conventional lending will not loan to distressed housing....
James Wise
FHA Disparate-Impact Liability Upheld
FHA Disparate-Impact Liability Upheld Read the full decision: Texas Dep't of Hous. & Cmty. Affairs v. Inclusive Communities Project, Inc., No. 13-1371, 2015 WL 2473449 (U.S. June 25, 2015)In a much anticipate...
Matthew Masoud
How Much Are You Spending Furnishing Your Mid-Term Rental?
I'm trying to furnish these apartments for a low price but keep them looking good. After 26 furnishings I think I got my furnishing costs zoned in. I was wondering how it compares to you guys.All prices include labor....
Henry Lazerow
Anyone invest Toledo Ohio?
Interested in Toledo Ohio, anyone invest there? Any areas to avoid/sides of city you like? Prices seem very cheap and close enough I can drive out on occasions. Primarily looking for cashflow with working class or bet...
Calvin Baughman
Key Factors for Success in Short-Term Rentals: What Matters Most?
Short-term rentals have become a popular avenue for property owners and investors. So let's delve into the critical aspects that drive success in the STR industry. Whether it's exceptional guest experiences, effective...