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Hello there BP, I have a 4-plex ( 4 x 2bd / 1ba units ... shared laundry ) that I would rate somewhere around class C. The property is built around 1980 , and to the best of my knowledge have never been upgraded. Th...
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Do you typical include washer and dryer for renters?
Also what is everyone's thoughts on providing a dishwasher?
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Do you pay 2 different mortgages with either one?
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A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
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Apologies if this is redundant. I tried to find an answer posted already but didn't see one.Do you install tub/shower doors or just go with rods/curtains?I don't mind installing a shower door for a bathroom remodel, b...
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Most creative financing strategies for Subject to / Sub2 deals, have a workaround of avoiding the bank from knowing the sale has occurred, to avoid the due on sale clause. There seem to be very effective ways of doing...
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Thinking about how to best structure a 1031....Loan balance: $125K...... Est net sales price( after all closing cost ) $310KEst net proceeds: $185K.... This would be the amount to roll over into 1031 and put towards n...
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If you purchase a turnkey and are not happy with the property management company in place, how difficult is it to change companies? When you purchase a turnkey, do you typically sign a contract that requires you to ke...
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Hey guys,I am looking to buy my first multifamily and am in need of some advice. Below are the numbers on a 4-plex that I went to look at yesterday. The asking price is more than I am willing to pay based on my number...
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Hi everyone,I have a question regarding structuring proceeds from a 1031 exchange into a TIC for a specific property. I included some background below:Sold a property for $950k that resulted in $600k in 1031 exchange ...