I currently manage 125 units in Janesville and Beloit WI. Many of our tenants are elderly, or lower income. Also, many of them do not have bank accounts. These are the types of people I typically house in my units. Ho...
any trick to lowering closing cost fees. Some of these fees seem redundant. I was of the opinion most closing cost fees should not exceed 5%. Other than blatantly telling lender to lower fees, any other suggestions on...
I am on the hunt for off market properties, and have seen some of interest on auction sites.Does anyone have experience with hard money for auction properties? How do you set up this arrangement, line of credit?Does a...
Hello BP Fam,Like many here, I'm looking for a CPA to assist with not only my LLCs and out-of-state rental properties but my personal tax returns as well for 2023. I would also appreciate and benefit from tax consulti...
I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...
In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
Hello BP
My partner and I are new buy-and-hold investors in small multifamily properties in Atlanta. We recently purchased a 4-unit building with an adjacent 9-space parking lot in Midtown. We're self-manag...
A lifetime warranty means different things to different mfrs. I've gotten great parts replacement service from Pfister and even some of the various "house brands". A-S just told me I needed the receipt for a decade ol...
hello everyone, quick synopsis: I'm going to buy a foreclosure type house using traditional financing with a local bank that I bought and rehabbed my own house with, but instead of getting a construction loan and deal...
Looking for quick option to buy 3 house from failed LLC, I'm a 50% member, deadlocked manger.Court said I could buy assets for $120,000 includes 3 houses that when paid in will be free and clear. I'd love to use these...