Brandon Reiter
Closing on a Duplex - NO LEASE IN PLACE
I am closing on a duplex after the first of the year and have a few questions for the BP community. Each unit rents for $275/mo, but fair market seems to be more like $600/mo. There are currently NO leases in place ...
Lakeisha Alston
New Member - DC/Maryland/Virginia area
Hello all, my name is Lakeisha, and I relocated to the DC area about a year and a half ago from Boston, MA. I have a pretty good job that pays well, and life in general is good. I bought my first home last year, a...
Josh July
Tax Audits; ARE THEY TAX DEDUCTIBLE?
I have a quick question on tax deductions. Today I was at my Business Finance Course and we were talking about TAXES; my professor who shall remain nameless mentioned that "only ~1% of all taxes filed are ever audited...
Brian C.
Investor friendly brokerage in Virginia
My wife is currently working on getting her real estate license with the primary intention of aiding our own real estate investment activities. Outside of our own purchases, we would only be potentially representing ...
Sam Leon
do you "survey" your tenants?
I wonder how many of you actually talk to your tenants after they signed the lease and asked "why did you pick this place? How many other places have you visited and what's your impression of those properties? Etc...
Theo Hicks
Negotiations on a 10 Unit Property in Norwood Cincinnati area
I am in negotiations with the seller, and he keeps bring up the fact that they want to be paid for labor and management they put into the property at a $30 per hour rate, so they are adding an additional $75-$100,000 ...
Mariah Jeffery
Becoming RE Professional for Tax Purposes
All,My husband and I own 28 rent units in another state. I co-manager these with my father-in-law. He is local and does showings and maintenance, and sends apps to me for processing. I do the advertising, and have to ...
Sage White
Need feedback/input on an investment 4 unit plex college property
All,Need your opinion on this before I decide to walk away from the offer. I have a seller who called on a yellow letter campaign. He is out of state and wants to sell his interest (50%) on a property that is income...
Brian M.
Debt To Income Limitations
My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio. When I purchase my first MF residential prope...
Jay Smith
Financing MY Next Investment-Help!
Hello there BP family. I read, I watch and I learn a lot from the resources both on this platform and at meet ups. However, I need advice badly! I have a question about how to be creative with this situation. I want t...