Bradley A.
3-Flat repipe, galvanized to copper. Increased value?
Looking for insight on whether or not repiping our Chicago three flat from galvanized to copper (PEX isn’t allowed) will add any significant resale value.Repiping is on our less urgent list of necessary maintenance it...
Mark Urich
Property Manager Lowering Rent Without Contacting Owner
Hi everyone,
While looking over a monthly statement I realized there was a security deposit paid indicating a new lease had been signed. I called the property manager and they indicated that one side of the student r...
Scott Goulet
Rental property insurance rates going up&up
Hey BP, Question for everyone. I have 3 rental properties, 2 in florida and 1 in missouri. I have a quadplex, a triplex, and a condo. It seems like every year my insurance on all three properties goes up by 20-30%. Is...
Javier Segura
FHA: Getting Close to Closing
Hello,I recently had a 4 plex offer accepted in Kansas City but walked away after I seen the inspection. As I am new, please advise on the structure of the deal and what possible strategies could I use next time (see ...
Daniel Kenney
Fed Interest Rate Increase - Potential Impact on Denver
Interesting article in NY Times business section on the state of the Denver economy and real estate market...http://www.nytimes.com/2015/12/14/business/economy...
Jerryll Noorden
Help on negotiating
Hi everyone.I am dealing with a situation here.I made an offer, the owner likes the offer.As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.It is taking weeks ...
Aniqah Kalam
Property 2: Turn Key Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $450,000
I was looking for a multi-family investment property in the same neighbor...
Ryan Mackereth
Mortgage increased April 2021? Tax increase? Anyone else?
Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...
David Besins
Tax question on Syndicating an asset you already own
I recently acquired a decent size Flex Asset in the PHX market, we are in the last phase of leasing it up, and have quite a few requests from investors to get in on the deal. I am looking at starting a syndication wit...
John Bergstrom
Shift Deductions to Schedule E due to the TCJA?
As a small time RE investor (two properties), I'm thinking it just makes the most sense to 'shift' some of the deductions I used to enter on a Sched A over to the Sched E because of the new rules/deductions with the T...