Matt Yates
Title Holding Trust - Checklist, Docs, Agreements
We are exploring the options of buying all our properties through a Title Holding Trust, or individual THT for each property. Curious if anyone has a complete checklist, doc templates, etc. for us to review. We will e...
Josh Rich
My First Rodeo
Hey Fellow BP'ers, I need some advice from all of those brilliant seasoned minds out there! Who can give me some tips on C-class apartment multifamily residential (MFR) investing, and section 8 requirements?
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Joshua Smith
Newbie in Washington DC
Hi guys - I have a big goal: To purchase and renovate a four unit property in the Trinidad or Kingman Park neighborhoods of DC with a FHA 203K loan, rent out three units for a year while I live in one, and then conver...
Kortez Walker
Bandit signs.... Do you consider them legal or illegal?
I see alot of people that advertise bandit signs and I think that they're a great avenue to get business . However I don't think it's worth the hassle if your going to get hassled by the local sign police if you conti...
Roy Gutierrez
Flooded basement in rentals
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
Chris Pasternak
Seller wants to sell now! Help!
Hey BPers,My scenario requires a bit of a background knowledge in order to fully understand. I will try to break the scenario down piece by piece for ease of digestion. Here goes.The Buyers: Myself and a partner (l...
Brian Schmelzlen
2018 Tax Law Impact on 1031 Exchanges/Cost Segregation
The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregatio...
Matt Romano
Inherited Tenants > Raised rents! WHAT WILL THEY DO!?!
I'm the proud owner of my first 2 family property that I recently closed on this month. It's fully rented with tenants in both units on month-to-month leases. I sent a termination letter to the upstairs tenant as I w...
Terry Lao
Property taxes in Cleveland, Ohio.....why so high?
Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...
Corby Goade
Just quit my job- and you can too.
I've been investing in my area for about 15 years. I don't have a ton of properties and definitely did it with very little, if any cash. It's true, real estate is a get rich slow scheme. Yesterday was my last day as a...