Viral Mehta
Remote management - internationally
Hello, I currently live in California and have been successfully managing my multiple properties in the Frisco (Texas) area for the last 3 years. I plan to move back to India soon and was wondering if at all it would ...
Adam Gerig
Critique my thinking
I am in the process of wrapping all my mortgages and notes on the properties I own into one. The bank is going to give me a 15 year note fixed at 4.75% interest and it will save me about $30/month and 8 years on the ...
Alex Flaugher
Bringing on outside investors for the first time
I am wanting to bring on investors for the first time in a multifamily property. Here is what I am thinking:$1,000,000 cost and putting $200,000 down. If I bring on 5 investors to fund the deal, how should I structure...
John Haelig
Cashing Out in NJ - Sell, Hold or DST?
I am a 64-year-old landlord with 2 condos adjacent to a medical school in suburban New Jersey. For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.
Why would I wa...
Garry C.
Found a Denver Condo Deal
I was talking to a guy the other night, after a large group dinner, and he knew about my vacation rental condo business and asked how it was going. He then volunteered that he wanted to get out from under his condo in...
Dutch Marc
Looking for CPA in Los Angeles Area
It's almost that time of the year again ... TAX TIME !!After using my current CPA for many years he finally retired last year. He was a CPA working for himself, No big fancy offices etc. I really likes his personal ap...
Haarden Shah
Easy Street Capital - Asking to wire transfer a deposit.
Hello,I am new to real estate investing and decided to go with Easy Street Capital as our lender for the DSCR loan.They already ran out credit and we went under contract on a property after getting the pre-qualificati...
Jacob M.
Does 50% rule work in Texas / Houston?
Hi Everyone. I'm looking at a 4-plex in Houston area. When I run the numbers I seem to get expenses (including vacancy) that is usually 55-60% of gross rents. I think this is partly due to property taxes that are...
Alan A.
Need to submit quote to manage 40 units for HOA.
Hello BP,Thank you all in advance for taking the time to read my question.I own a rental condo in a development and have recently asked to join the HOA board, as I was running into issues renting my own unit. I am a l...
Joshua Kohl
what all can i count as deductions?
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...