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I have a 3 unit property in which there is only 1 thermostat across all 3 units. It is an old hot water / cast iron radiator system. I currently set the thermostat at 72 in the "coldest room" and pay about $3000/yea...
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A cost segregation study is one of the most beneficial tax benefits for commercial real estate properties. One key piece of a cost segregation study is identifying the land value of your property as it helps you be co...
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I am considering a 11 unit building for $700k in NH and only have 10% down. My bank requires 20% down so the owner said he would give me a second mortgage at a rate of 10% for either 5 or 10 years. Is that a high rat...
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Is it worth it to create an LLC when investing in commercial property with a partner? What are the major benefits? We found a great deal and the numbers add up. Will we be able to receive better financing by going thr...
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So I’m working with a seller who self manages a retail center with five tenants. The leases for three of the tenants allow for management fees to be collected inside the CAM charges but they are not being collected. T...
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I'm in discussions to buy a second home/investment property in Vermont. My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is...
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Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
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Hi,I am looking into investment property such as 3 bedroom condo in Milpitas and San Jose downtown area. It appears that Milpitas has better school but San Jose downtown has better appreciation up-side as BART will b...
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Hi All,
I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping. All of my properties are being managed by a property manager and it ...
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Hello All,
I'm the owner of 3 Airbnb properties that I've acquired and renovated over the past 6 years. Initially it has been great, so great it has prompted me to leave my aerospace career in Jan 2022 to focus on re...