A lot of people ask us why we build new instead of renovating and I just wanted to share a few reasons with you guys to get your thoughts! 1. We have complete control over the budget from day 12. Finished value is alw...
New member here and need some advice. I just closed on a 5 unit apartment complex today. The property contains 4 units in the main building (where the problem is) and an out-building (no problem there). All units are ...
Just like the title says. I am looking to house hack in the greater LA area but there are so many agents out here I don't know where to start.
What questions are appropriate for me to ask to gauge their trustworthine...
Hello BP community, I am closing on my first deal in a couple weeks. It’s a triplex in South Jersey. For those familiar with the area it’s in Egg Harbor City. The appraisal requested the existing wood siding be painte...
Hi all, new to BP and looking forward to all the great information this site contains. I am a 1/3'rd owner of 6 rental properties worth about $2M generating approx $13,000 in monthly rents with mortgage, tax and insu...
Hey all! Hoping to get some advice from my fellow landlords who manage their own properties. I currently have one SFR (4 bedroom) that I rent out room by room. I do my own finance tracking through some basic Excel spr...
Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
No matter what your career field, it is human nature to get caught up in the opinions of those around you. Some advice is solid, some is questionable at best. Real estate investing is complex. When you are getting sta...
I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...
I am working my way through the BP Podcast and keep hearing the wisdom in getting a realtors license so you can have access to the "MLS." Is this not the same thing as realtor.com, zillow, etc? That is what I've been ...