Simon Hernandez
Shopping for mortgage on 5-8 unit multifamily
Hello everyone, I'm about to go under contract on an SFR that I'm 1031ing out of. I'm looking at purchasing something in the 3-8 unit range. Multiple SFRs so I'm comfortable with residential loans, but if I find somet...
Moshe H.
MA income tax on rental income?
I now own a rental property in MA and reside out of state. My question for anyone who might be familiar with this situation is if I will owe MA personal income tax (or any other state tax) on this income?According to ...
Luke C.
Accepted offer on side by side duplex with foundation Cracks
So I received an accepted offer on a duplex and had the inspection done today. The inspection showed two horizontal cracks about 1/8 inch wide and bowing in about 1 inch. The inspector was very detailed and found a fe...
Dan Krupa
Tips for renovating and find good contractors.
Hello BP,
I have some tips for those of you who are currently investing or considering investing in areas like Kansas City, MO; Liberty, MO; Riverside, MO; Parkville, MO; and Gladstone, MO. Recently, we had a fire at...
Nasir Smith
Cap Ex Rules?
Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
Kyle Curtin
Tips for assessing a new market!
Good afternoon! Today I am going to give a few tips about assessing the location of a potential property that you are looking to buy and a few things I like to look at! These are in no particular order I suppose but a...
Steve S.
How should I determine what to pay brother and sister-in-law help
As part of building my team, my brother and sister in law live in the area where the rentals i'm acquiring are. They will be doing odds and ends types of things to help prep the house for rental. Things like:- Paint...
Arturo Borges
How to budget renovations?
How do you estimate/project renovations/rehab, in an apartment building?
Jake Walroth
Focused Mailer Campaign-How to get Creative
Hey BP, I've got a few questions regarding Mailer Campaigns as well as Wholesaling? My primary motive is to find investment(buy and hold) properties for myself to fix/ rent out/ the whole BRRR thing. However, the idea...
William S.
CapEx Budgeting - $5k in reserves + cash out refi?
I have a rental in a suburb with some nice modest appreciation. All in for $121k, worth roughly $145k. Nothing needs to be replaced in the near future, more long term expenses. I see two options1. Set aside $166/m for...