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Hello,I'm looking for help evaluating tax strategies for selling my two homes. Here's my situation: We own a home we lived in for 18 years (2000-2018). We moved out of that house (House #1) in summer of 2018 and ar...
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What’s up BP! I need your advise. I’m buying an investment property that has tenants in each unit. However after reviewing the tenants current leases and the current rent market value for the area I found the tenants ...
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I see all these estimations and property calculations for 4 units that have an annual water bill of 1500$. Meanwhile my 3 unit has a 900$ sewer and water bill this month for the past 2 months!
What am I missing?
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Hello BP,As the title suggests- I have 2 individuals each willing to invest 50k into a multi-family unit (asking price 450k). My plan is to purchase the property using the investors' funds for the down payment and my ...
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During our recent wave of turnovers we are seeing that most of tenants have a rather lax view of what 'clean' really is. Our homes are cleaned top to bottom when they are turned over to our tenants but what they leave...
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Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of week...
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Does anybody have any suggestions for a reputable insurance agent in Indianapolis, Indiana? For right now it's just for a SF rental.
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Hello all!I'm curious to know if there are any rules of thumb or rough estimates for costs involved with submetering a building for utilities. The apartment building I'm conducting diligence on is an 8 unit in which u...
I own 27% of a rental single family home which was acquired in 2016 and now my grandparents are looking to gift the rest of the 73% which they own to me. They plan to gift it to me with the intention that I can excha...
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I am thinking about using an FHA loan for my first deal when buying a multi family property and living in one unit.
I don’t want to end my REI journey there though.
I’m sure banks won’t just give me an infinite am...