ZZ Song
Do you have a separate business phone from your personal?
I’m just starting out and considering my options for phone plans. Do you use one phone for both personal and business, do you have two phones separately, or do you use google voice for business? Any tips and feedback ...
Joseph Ortiz
Creative Strategy for Selling Each Unit on a Duplex Separately
Fellow investors,I am looking to sell both units of a duplex on a property where the city prohibits subdividing the lot due to minimum lot width requirements. This is a single story structure that is connected right d...
David Kirkpatrick
Self Managing - Should managment company be a separate company/LLC ?
Hello All. I am looking for some advice in regards to managing my portfolio's. I have a few different LLC'c that hold different porfolios of residential properties. I plan to buy other properties and portfolios in th...
Account Closed
Strategy to charge tenants for water when not metered separately?
I just purchased my first property. It is a multi-family with three units. I will be living in one, and the other units will have the same tenants who lived there under the old owner. They are paying below-market ren...
Account Closed
Hard Money pts considered part of closing costs or separate?
Hi folks,
Hopefully a simple question.
I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.
Later in the conversation I asked what the...
Peter Fokas
Converting rental units to have their own separate utilities (heat)
Looking to get a better assessment of the costs separating utilities so that each renter is responsible to pay their own heat. I know this question depends on a lot of variables so cannot give one specific answer so ...
Kris A.
Single lease w/ unrelated tenants vs. separate leases in SFH?
Hi I have a SFH I currently rent out. It's a 3Bed rowhome. I've always had it rented out to separate roommates (especially when I was househacking it as a tenant) on separate leases. Now I'm considering this as a hass...
Jonathan Ramsuchit
Looking to buy my first property. 2 separate 5 units.
Hello everyone,
I am looking to buy a 2, 5 unit residential building for 400k. The owner is selling it as a package. The gross rent for both buildings is 84k and Noi before debt is 65k without accounting for ...
Ryan Judah
Convert two Triplexs on Separate Tax Parcels to Commercial Prop
Hey BP Members - I am looking at tax parcel 1 and tax parcel 2 which are on the same acre of land. It’s two triplexes, each consisting of (3) 2x1’s. They are listed for $480k and $485k. I'm wondering if I can increase...
Dustin Faeth
Converting a Duplex Into Individual Parcels To Be Sold Separately
Hey BP,Currently working on a couple projects here in Columbus, Ohio where we would like to convert a duplex into individual parcels that can be sold separately. I've consulted with some local attorneys and it seems ...