Michelle R.
NNN Lease - handling repairs for tenants
We just closed last week on a neighborhood shopping center. We have 16 tenants at the moment and the center has 30% vacancy.There was a heavy rain the other day and water came in through a tenant's back door frame. A ...
Erich Snyder
Being an out-of-area investor in Pottstown, PA
My wife and I are currently looking a potential deal on a duplex in Pottstown, PA as our first ever investment property. My question pertains to the the borough's requirement for the landlord to be a resident of the b...
Gene Liang
Building a house from scratch
How do I get started in adding another house to my property? My investment partner and I own a SF rental in Los Angeles county and we want to add another house to the property to rent out. My question is how to struct...
Trevor Fleck
Lot Selection Tips in Cape Coral, FL
Based on my investment experience in Cape Coral with Rent to Retirement, I often have potential investors ask about how to select an appropriate lot when they all more or less look the same. Below is my list of things...
Jermaine Gourdine
House Hacking
Hello BP,I'm a new member and a beginner in real estate investing. I'm interested in house hacking a 4 unit property? The downside to this seems to be the fact that I will not be able to close on the property under an...
Lilla Horvath
Bookkeeping Security Deposit
Is a security deposit regarded as income for bookkeeping purposes? I'm using Excel spreadsheets for now to do my bookkeeping. How do I account for the security deposit without inflating the cashflow? How do I account ...
Andraise Scott
LLC Conflict and Confusion - what's right?
Hello BP,I'm operating out of Maryland. I have heard and read that if you are going the LLC route, the property needs to be titled (before/after purchase) in the name of the company. An accountant is now telling me ...
Lee Gagnon
Silent Equity Partners
Below is a scenario I've been playing around with in my head:A silent equity partner and I purchase a strip mall for $5,000,000. We own the mall though an LLC which we both have 50% ownership stake in. A commercial ...
Dylan Callahan
Self Directed IRA
Hello, I am a newbie in real estate investing and have not yet bought my first property. I have been looking at some different financing options and i'm getting close to my first deal. Meanwhile my mom expressed that ...
David Bellmont
Help with first REI deal
My wife and I have been approached by her parents about purchasing the house that she grew up in and that we live in currently. The property itself has an older two family building on the lot and then a newer duplex a...