Hello, I'm hoping somebody can help me understand the laws regarding utility payments in North Carolina a little better. I recently bought some property there where I plan on building a duplex, possibly two or three o...

I am a conservative investor who has a good income and good liquidity. I have a rental home that is getting into a range where I can pay it off this coming year. The benefits to this are:
-less debt
-increased cash fl...

I just purchased a tri-plex and I'm closing 9/20. The building will be owner occupied though it is currently fully rented with 3 month to month tenants. Unit 3 is occupied by a 12 year long term tenant (high quality, ...

Hello Everyone,I am looking to get some idea about CPA expenses.I recently switched to a new CPA. They charged me $1200 to file my taxes.I am married with W2 income and 2 rental properties. What are your thoughts abou...

Please reply with any feedback on Brad Sumrok who states he specializes in Multifamily acquisition and mentoring. He has been holding Investing Weekend Training Events.

Thank you.
"Irish Kevin"

Hello,I am in the state of Virginia. I broke my lease with my landlord and gave 24 days notice rather than 60 as stated in his contract. I was paid up until the 6/9 and moved out that date. I had given my landlord che...

I guess my question is how accurate do you find the 50% expense rule?

If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...

Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate.  My question is what qualities and or skill set do you look for in a mentor.  What are you looking to get from the relatio...

This time around I've noticed more and more applicants asking me this right off the bat. They've told me they don't want to deal with houses run by a PM.

I've never probed for the reasons why. Is this because of the ...

Need some advise on whether or not to buy this bank owned property. Biggest X factor is when we did our walkthrough, we noticed basement ( unfinished) is totally flooded with sitting water ( too high to walk through) ...