Sonu Sidhu
Co-Own rental property with Brother - Tax Advice
I co-own a rental property with my Brother (purchased last year). He paid 100% of the expenses for the property this year, and also received 100% of the rental income. (This includes mortgage interest).Do I have to re...
Brian Naumann
Is it worth it?
Hi everyone, I am new to BP and Real Estate investing so bear with me. Is it worth it to invest in a washer & dryer in a rental property as a way to increase NOI? My thoughts are it makes the property more desirab...
Roy Logan
3rd year Real Estate Investor / Landlord
Understanding the power behind real estate investing has changed my life / career dreams.Sold a 2yr old new construction home in Westmont IL... And saw an opportunity in the Grand Rapids MI market.Property 1 - BRRR 10...
Manaury Marte
Best app to screen tenants
Hello BP family I hope everyone is doing well. I am about to rent one of my vacant unit for the first time. I have a lot of tenants with potential and want to screen them very well. What app do you guys use to check t...
Wilson Pereira
LLC taxes on real estate income
My wife and I formed a WY LLC that is an asset holding LLC and a member of two other LLCs, one in NC and the other in FL. My wife and I are the only members of the WY LLC. I have rental income for the NC and FL LLCs. ...
Matthew Irish-Jones
How We Assess Value
Decided to put this out here for anyone interested. There are always tons of people asking me about numbers, returns, cash on cash, CAP rates and what neighborhoods are best to invest relative to WNY. We work with a...
Eran G.
How do you back out of a deal when the numbers are off?
I recently finished reading a real estate book where the author recommends tying up a property quickly (if initial analysis suggests the deal is a good one) and then doing the due diligence. This sounds pretty obvious...
Dar Fornelli
Chimney Liner for Flue Gas?
Had our inspection on a 6-unit apartment here in Kansas City last week and the inspector flagged that the old brick chimney has no liner and flue gas from the gas furnace(s) and water heater vent through this chimney....
Patrick Senas
Adding a Second Bedroom, Increasing Sq Footage
Hello BP!I have my first purchase, a duplex, under contract and am looking to close by the 18th of August. I chose this place because the back unit is enclosed in a 6ft brick and wooden fence with a private yard. It a...
Trevor Boyd
Where to start
Starting out and wondering where to start. Looking to learn as much as possible so I understand how to evaluate properties properly. Thinking that House hacking in Miami would be a good place to start. I do not own a ...