I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties. These studies have enabled me to tak...
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I have interest in a 40 unit LIHTC apartment complexes. It was built in 1999 and is past the initial 15 year period. The agreement they have in place is Low Income- all 40 units must rent to tenants with income 60 pe...
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Hello BP Family!I am hoping someone can give me a little direction. I am looking to purchase my first owner-financed deal back in my home town in Nebraska. The current investor owns the property free-and-clear and I...
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Hey everyone!
I am in the negation process of two mobile home parks (of some sort). I found an older couple looking to retire and are willing to owner finance these properties. These properties are located barely out...
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Fellow BP members who are commercial landlords & PM: Out of 100 tenants, how many of your tenants would pay the adjustable CAM at the end of the year? Any strategies to share? Thanks!
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Hi guys, I have 5 properties and I am struggling to manage them. I do have a full time job and a family but besides that, its only 5 properties. By managing I mean paying utilities when the tenant moves out, getting a...
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Good Evening BP. I am looking to invest in Philadelphia but I currently reside in NJ. I am struggling to wrap my head around the disadvantages of registering as a foreign LLC as I have been unable to find some decent ...
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Hello real-estate community,
I am purchasing a conversion 4 unit this Friday in Wisconsin Dells, WI. The current landlord pays all utilities. I've heard some ideas on the BiggerPockets podcast on how to separate thos...
Hi, i just bought a 1350 sq.ft. house 3 Bed, 2 Bath, and 2 friends (who are married) and i just moved in yesterday. We negotiated briefly on rent amount before i caved and said their initial offer of 300 per month...
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I'm looking at a duplex property built in the 1940s that's about $200K in NJ, and thinking to put in 20% down. I even put in a lower ARV of $175K to see if the numbers would still work -- they did.Here are my numbers...