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I have an interesting legal dilemma. I own an unusual property in Mount Laurel. It is a townhome-type property that consists of 1/2 of the 2nd floor and the 3rd floor of a 3 story building. The lower unit has the 1st ...
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Hi All - Can anyone share their method of accounting/bookkeeping at the start of their real estate journey? I'm wondering if I need to purchase Quick Books Pro with only having one property / fourplex or if I can jus...
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I recently heard about real estate cost segregation. I would like to learn more about that strategy to take advantageous of property depreciation upfront and claim. Can someone share your thoughts on this ? If someone...
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Greetings BP,I have been searching for my first multi-family property for nearly one year. I come across large single family residences in high-renter, multi-family areas. The renovation cost, particularly to put in...
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Hi Landlords and Property Managers,Are you reporting tenant payments to the credit bureaus?If so, has it been effective in ensuring tenants make payments on-time?
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Hello All,Looking for a lender for short term rental in Sarasota, FL (+$2M). I'd prefer local lenders such as credit unions and local banks. Please let me know if you've worked with someone who provided an easy lendin...
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Looking to re write my rental lease agreement. I was hoping a few people may be willing to share so that I could bench mark. Also what are some key attributes you think others may be missing based on experience. Thank...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Grand Junction.
Purchase price: $190,000
Cash invested: $5,000
This property consisted of two small single family homes on...
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Hey BP I had some recent success and just wanted to share, I just challenged a recent property tax increase in Jackson county and actually “won”! They agreed with my argument and decreased the property value by 40k! ...
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I am starting a small new single-family development in a tourist zone on Padre Island in Corpus Christi. I plan on utilizing GIG economy solutions for as many of the tasks as possible to understand the possible downsi...