Michael J Scanlon
Illinois Section 8 standard rates
I am considering BRRRRing properties in lower income areas then renting them using the Section 8 (housing choice voucher) program.However,I’m having difficulty figuring out what the standard payouts are and how they w...
Jonathan Lake
When and How to Engage Adopted Tenants After Closing
Hi Everyone - This is the first time I am purchasing properties with tenants. So, here is my 'ask for help'If you self-manage (or even have a PM), when and how do you connect with the tenants you have now adopted post...
Sohail Bas
How are you guys effectively challenging commercial property tax hikes?
Hi all, I was wondering as a commercial property owner how to effectively challenge or reduce property tax hikes?Some of the strategies I've used in the past are:-comparable sales data nearby-take pictures to show dam...
Josh Deel
What Would You Do? Appraisal Gone Wrong...
Hi all- so here’s the short end of it... I have a 100+ acre farm in Virginia. I bought it in 2013 as just raw land for a little over $305k. Since that time I’ve put nearly another $200k into it in the form of infrastr...
Eli M.
A tenant with criminal records
Dear BP Community,I am reviewing an application for a potential tenant. this is a couple, not legally married, without kids.They are both in their early twenties (22), first time moving in together. They are willing t...
Justin Silverio
LLC w/ S Corp Election vs. C Corp w/ S Corp Election
There have been a couple of posts about this in the past but no definitive answers came out of them. My question is why would someone set up an LLC and elect to be taxed as an S Corp instead of just taking the S Corp...
Nat Rojas
Insurance Agent in Baltimore City MD? Umbrella vs LLC
Requesting Referrals for an Investor friendly insurance agent in the Baltimore City, Maryland area for a Commercial Liability Umbrella Policy (CLUP).Current portfolio: 8 RentalsBRRRR investor - another question is how...
Leah VandenAkker
Unpermitted square footage on Dallas Rental
Considering buying my first rental property in Dallas that is listed at 1600 sq ft. According to county records the property is only 864 sq ft, so additions to property are unpermitted. Seems like a red flag to me, bu...
Rich Hupper
closing with a cloud on the title
I often see many wholesale websites and investors in general say they will make an owner an offer within 48 hours of seeing the property and can close in 7 days. I know people out there are very good at estimating reh...
Troy Sheets
Helpful Philadelphia zoning, tax and owner lookup sites
I occasionally meet up with a few newer Philly investors and help them get their bearings as best I can. Many aren't familiar with sites like Atlas, OPA, Tax Balance (BRT) and the zoning guide, so I thought I'd put th...