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How do you verify that the maintenance repairs that a property management company is charging you for are true and correct
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I'm curious what differences there are in accumulated depreciation deductions in vacation rentals from long-term. Can you depreciate the value of the appliances and furnishings typically? Do you find overall that the...
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Hi I am looking at purchasing my first 5+ multi family unit and wanted to get a few opinions on the deal. 2 small buildings that have a total of 9 units on 1 acre of land. Could use some exterior work to make it more ...
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Hey BP!I am eyeing up a multi unit in a great location and I am trying to underwrite it and would love some feedback. I will be trying to apply the BRRR strategy for this property. Here are the details.7 Units, 7585...
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Hello BP family, I hope you are all doing amazing! I'm in the process of closing my first duplex rental property and I couldn't be more excited. The current owner uses a professional property manager which I don't wan...
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1. Do your research
Like any other investment, it's essential to do your research before buying a rental property. Ensure you know what to expect in terms of expenses, expected return on investment, and market condit...
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HelloI am in new MF investment property. My offer was accepted and for 3 units MF (3floor- total 8Bed room) in CT (built in 1900) and closing target date is middle of march.I got home inspection report and major conce...
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Hi everyone,I am really hoping someone can help me with my evaluation, analysis and anything else you all feel is important for my new purchase of a 5 unit in New Jersey!I really will try to keep this as short as poss...
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I am curious to hear your experiences that you have had when you PM's discuss maintenance issues with you. Specifically I recently had an AC replaced as my tenant said it was not heating the house well enough. My Pm s...
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Ok this is a long shot! I own a full service lawn maintenance business, one of my long time clients that I have had for over 15 years is in poor health and is very disconnected from his family. He lives in Charlotte N...