David Decker
How to will your real estate and avoid taxes.
My friend came to me with a question? He asked - how can I (will) my portfolio of multi family and strip mall commercial real estate to my family, without them having to pay any tax or is the even possible? I wasn't e...
Randy Dargan
Asbestos Siding - Cover,Paint,or leave it alone? Cincinnati BRRRR
I have a SFH in Cincinnati that has Asbestos siding. Originally I planned on painting it then learned it was asbestos so then I planned on getting new siding to give it some curb appeal but 9k quote doesnt fit in the ...
April Causapin
Confused first time rental property (duplex) buyer.
Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
Edwin Wealth
Newbie Investor and Forming LLC
Hello Investors,
I am considering forming my LLC to begin Fixing and Flipping homes in the New Jersey area as soon as February, March of 2024. I am currently employed full time and I've yet to complete one flip howe...
Tim B.
Retiring early with a few rentals paid off
I've been browsing the forums and it seems that many people are into leveraging their money by buying numerous rentals looking for long term wealth. That sounds great... However, I want to retire ASAP. My SFH will be ...
Keith James
5% Section 8 Rental Increase
I was told by a colleague that HUD will increase your rent by 5% each year if you make a request for the increase. Has anyone gone through this process if so what is it I need to do to get this 5% increase? Thanks in ...
Matthew Swisshelm
2-3 Year Business Plan For Newbie REI
Good morning everyone!Today, I'm going to lay out the REI plan that I intend to follow over the next 2-3 years. In doing so, I hope that you fine members of BP will troubleshoot any short-comings that I do not see.Thi...
Duke Giordano
Cap Rate Evaluation for LP In Real Estate Syndication
Hey Guys,
Thanks in advance for your response. I am in the process of trying to refine/mature my syndication vetting/evaluation as an LP and trying to clarify some of the more tricky terms in the PPM or OM of the de...
Account Closed
Raising under market rent
We have a tenant who's been paying under market rent. 4-5 years ago when we first rented out the unit, the neighborhood was still pretty rough and we were happy that we got someone who was mature, responsible and coul...
Shiloh Lundahl
520k increase in value. Today was a Good Day.
12-plex in Tucson, Arizona. Purchased August 2020.Purchase Price: 680kRepairs: Around 50kRaised rents from $500 to $725Today the appraisal came in at 1.2 million.Today was a good day.