Kevin Moules
FIRST PROPERTY (4 PLEX) AND GETTING A SPOUSE ON BOARD, OUR STORY!
First, thanks to BP community and the amazing people here. I have made contact with folks from CA all the way to NY and down to AZ. Thanks to all the BP Podcast hosts and all who have been interviewed, thanks for taki...
Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Josh Oaten
Learning about 1031 Exchange for multifamily apartments
I’m interested to hear how those of you that are or have been learning about 1031 Exchange for multifamily apartments have gone about your education. I’m finding it somewhat hard to find solid and straightforward info...
Donovan Lietch
Tax Consequences of Paying out investors
Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario. So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...
Kumail Zar
Analyzing Property Purchase
Currently looking at a multifamily property.Purchase Price- $371,000Rental Income- $310025% down with taxes/ insurance makes mortgage -$2,040The property is turn key and has been fully redone over the past two years....
Terrence Williams
Apartment Building Financing Do's & Don'ts
On my journey to reach my goal of purchasing my first big apartment building over 4 units. Currently I own a hand full of single family homes and some multiplexes up to 4 units. 1031 exchanging out of them to get in...
Marty N.
Year End Tax Strategies
Hello everyone, I have one single family home as a rental property that I purchased in March 2015. It cash flows on a monthly basis pretty well and I was just wondering what I can do to maximize deductions on my 2015...
Hermilo Garcia
How to get Detail numbers from a Property
Hello Everyone!I was looking through LoopNet.com for a multi-unit property, but like most listings online, it does not give all the figures for me to put in the BP rental property calculator.I was wondering how you gu...
Todd Chadwick
Property Valuation 2
Hey gang ~ I'm still looking for good, solid ways to establish a value on a property without spending $300-$400 on an appraisal (which I've found to be as wildly inaccurate as Zillow's zestimates or eppraisal or any o...
Vincent P.
Best way to screen tenants?
Hello BP- i am closing on my first two family in Monmouth County,NJ tomorrow. What is the best way to screen tenants for credit, income verification, etc..? Is there a website that you recommend or another way? Thanks...