Clifton L.
Cleveland Ohio Vacancy Estimates
Hi BP Community, I am looking for tools and input to estimate vacancy rates in MFH rentals in the Cleveland Ohio area. I recognize this would change by neighborhood, unit, and price point. But the law of large numbers...
Richard Z.
LLC partnership buyback tax question
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
Jesse S.
House hacking in Brooklyn seems impossible
A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...
Ben Feder
Should I form a different LLC for each property I invest in?
I will be investing in apartment buildings. I think while reading a real estate book a few years back, I learned that you should possibly setup an LLC for each property that you invest in, to keep properties separate ...
Kyle Scholnick
Buy Commercial Property First or Start LLC
Two part question: 1. I am looking to purchase a commercial office space all cash. Is it best to buy on my own first and then form an LLC and transfer property at that time? Or is it best to form an LLC first and then...
FRANK DARIENZO
Vacant Properties are everywhere....what do I do???
Ok, I am driving for dollars, and I have a list of addresses. I research them using the tax collectors website, and get the owners name, which a lot of times is a bank or fnma. What do I do next step by step for all o...
Terrence Evans
Yet another newb from SoCal (South Bay area)
Hello BP!I just joined the service a few days ago. So far I have been impressed with the level of discussions and advice being given within them.My hope is to network with other folks from Southern California who are...
Ellis Dudley
Collect Move-in Fee, No Sec Deposit Correct?
Hey! quick question for ya. Is it ok for landlords to take a movie-in fee instead of a sec deposit? Have one client who applied this and is under the impression they dont have to collect sec deposit, only move in fee ...
John Hewitt
Average price per unit for multifamily properties
I understand this is a very broad question and there are a lot of things that go into the price of a multifamily property such as class of the apartment, market, NOI, size, etc. With that said, I was wondering if I co...
Nate Castle
Properties with mold??
What are your thoughts on properties with mold?
If the deal is good enough is it worth dealing with it?