Eric Tonnemacher
New to Multi-Family investments. What to look at?
Hello, I'm currently looking at multi-family investments in my area and as a new investor and I'm caught up a little on the analysis side of things. I would love to hear some suggestions and what other MF investors fo...
Erika G.
Type of Lease and Rent Increase Advice for New Landlord
Hi all! I'll be closing on our first deal sometime this week. It's a duplex with one set of tenants that are on a yearly lease and the other is on a month-to-month. My question is if I should make the month to month s...
Geoffery Hewlett Jr
SHORT SALE DEAL OR NO DEAL
$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
Ludmila M.
Structural? Tilting, cracking brick chimney
Hi everyone,I am looking at a house that shows structural problems. The question is - are these problems very serious and I should stay away from this property, or are they not as bad as they seem? Background: This is...
Angelo Looney
First post from new Investor
Hey BP community, i’m a new REI. Been following the platform for a short while. My wife and I are looking to buying a small family property and using it as a STR. I’ve connected with a few agents and have been receivi...
Tom Nguyen
Is it good idea to show Huge depreciation after cost segregation?
Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the pap...
Allen Yeung
Need advice on what to do with my 1031 exchange
Hi all, I'm looking for some advice on what to do in my situation here. I'm currently selling my rental property (~$160K) in Largo, FL because my renter is moving out, HOA is increasing the prices and I'm out of state...
Ashley Wilson
The Challenge to Multifamily Evaluations
Over the past year plus, multifamily has endured some difficult blows. Most would agree the top three are interest rates, taxes and insurance. Breaking these three down on the direct impact they have had on multifamil...
Zack Dasbur
Need Help with Tenants and Residential Elevator
Hi Everyone, I have been buying and renting out high-end townhomes for 4 years now. One of my recent acquisitions I purchased has a private four story residential elevator. The unit is brand new and I have been living...
Dana Tenebruso
Tenant Credit Screening Advice.....
Need some advice...Im renting a condo unit and have gotten lots of interest but seems like every time I run a credit screening Im seeing very low scores (with substantial old debt). Im starting to think Im being too h...