Guy Azta
Cincinnati - is rent rising and why?
Hi BP,So I've owned a 12-unit in Cincinnati (Evanston) for a little over 2 years. Most units are studios (efficiencies). I'm out of state. It seems as if the rent has been going up. I remember when buying the building...
Jared Garfield
When Did You Decide to Buy Someone Else A House?
When I was in my mid 20's I was looking at purchasing a really old (1930's) two story Victorian in rough shape for like $15,000 (a strategy I would never recommend). The tenant was paying like $600 per month, and she ...
Sarah D.
$300K and 18 months later- was our first BRRRR worth it?
I'm beyond excited to be able to share this. 18 months ago @Chris Dumm and I sold our house and bought a 4 unit complex. The complex had good bones but was a C property (in terms of condition and tenants) in a B nei...
Jamie S.
Best way to determine basis of a rental property conversion?
I need help figuring out how to determine the basis for a rental property. I purchased and lived in the property for a number of years and did a lot of renovations. I also built a garage apartment that I am now rent...
Felix Sharpe
How do I figure out the best rental price for a unit?
Hello all,My question is simple - what methods should I use to determine the best price point for a unit? I've researched apartments.com and have called area apartments to determine rate ranges. Just wondering if ther...
Alfred Koenig III
Getting back into the game: BRRRR/Refi question
Hi everyone, I am Freddy Koenig. I am a recent Pro Member on BP and have probably listened to about 100 podcasts now in the past 2 weeks which have been a great listen. I also just recently purchased David's BRRRR ebo...
Lauren Griffin
Best multifamily Loan options for a 48 unit complex
I currently have a 48 unit complex under contract and will be closing the first of July. I have explored a few different loan options for this type of project. Wanted to see if anyone had any suggestions I haven’t che...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
Orion Walker
Should I add a foundation to my post&pier triplex?
Wondering if I should add a perimeter foundation to an old buy and hold triplex. As a complete newbie a couple years ago we bought a charming old Victorian converted into a triplex and by old I mean probably built in...
Quentin S.
Arv 600k under contract for 400k needs no repairs
What's the best strategy to go about this. A house that's worth 600k arv is now under contract. We got it for 400k because he wants to pay the mortgage off and just walk away. Wholesaling wouldn't be a problem since i...