Steve Jeffries
Tax Question
My wife and I have decided to go full steam ahead with building out rental portfolio. We are currently closing on our second property under our newly formed LLC. With tax season fast approaching, we are wondering if w...
David Schulwitz
Analyzing Numbers on a 4-Plex
Hey BP! I took a walk-through of a 4-plex in my hometown in Michigan a few days ago, and I've started to crunch the numbers based simply on the expenses and income listed on the listing. I would of course have t...
Christopher Kolasa
Snow plowing and landscape tenant contract, duplex in Connecticut
First big snow storm in Connecticut came and went, I have a duplex in Middletown with a common driveway with my neighbor and a back parking lot. Normally a pretty quick job since the common driveway gets plowed by nei...
Brian Volland
Laws of the Land (Rules for Phoenix Area MFRs)
So I finally got to the Phoenix area and got settled in a couple weeks back and have been trying to get a grasp on how the small MFR market promotes itself in the greater Phoenix area via the MLS. I was hoping some of...
Derek Caffe
Estimating Rehab Costs on Small Multifamily Properties 2-4 units
Hello BP Members,Can anyone explain how the rehab costs differ for small multifamily properties versus single family homes (SFH)? I purchased the BP Book on Estimating Rehab Cost, but considering it's focused on SFH, ...
John Roth
what would you offer?
Bank note for 22MM, bank is wanting to sell for 8MM. Has a negative cash flow right now.
398 Units, 1,2 and 3. New roofs in 2004. Updated units 1998 and 2003-04.
Rents are below market rents. Complex's nearby ha...
Maria Teo
Property manager billing - receipt collection
Would love this community's insight. Is it common practice for property managers to forward paid receipts to owners or not? My current property manager doesn't instead sending a monthly ledger with the month's payment...
Andrew Freed
Any recommendations for Accounting Software? Stessa upped their costs
I have been using Stessa for my accounting for years, however I think as of this year, they are taking aware features and only providing them for a premium price. Due to the fact that now I have to pay for Stessa to u...
Ryan Smallegan
Multi-Unit House Deal?
Hello All,
I am new to multi-unit rentals. I have done single family homes but I know that with more tenants come more trouble. The deal I am currently looking at is as follows:
9 Unit House with rental income total...
Keith Mintz
STR by the room?
Have you tried STR by the room? Tell me your experience 👇Otherwise have you thought about it, why or why not?