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Results (6308)
Lois S. PM collects utilities & takes a cut
17 October 2020 | 9 replies

We bought a small multi-family bldg out of town, & have a property manager that we've used for other properties.  Some tenants are holdovers from the previous owner. There are some small utility charges we pay in ...

Matthew T. Purchasing a tax deed from a tax deed property
20 August 2013 | 11 replies

I have a situation concerning tax deed sales in Florida. I'm going to be bidding for a tax deed and the property that I'm going to be bidding on was also purchased from a tax deed sale. The property is located in F...

Todd Magin Taxing of Capital Expenditure Funds in LLC
11 January 2017 | 8 replies

How is the capex reserve fund handled tax-wise in an LLC (or S-Corp)?Over the year, a portion of the rental proceeds are siphoned off into an account for future upgrades (roof, furnace, rehab, etc). Does that count a...

Jennifer Allen Triple Net Lease Reserves
23 October 2019 | 4 replies

How much cash reserves should you keep for a triple net lease? Do you try to cover your monthly expenses for X months for when you have to find a new tenant? Do you base it on the building cost or size? I'm trying to ...

Laura Schumacher Water Company Insurance for line breaks
8 May 2020 | 7 replies

We have 7 properties. Historically we have had tenants put all utilities in their own name. We have recently encountered a problem with the Louisville Water Co.  They have done some work on a street one of our prope...

Cyrus Sidhwa Hard Money Lenders - Draw
27 April 2018 | 6 replies

I am researching various HML's and learning that most will only pay on the repairs after they have been completed. This makes sense for any work that is being done by a contractor, but what if you are planning to ...

Evelyn Randolph How to cover roof repair before purchase
20 September 2024 | 7 replies

Hello, BP Community!I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location clo...

Jason L. Good deal or not?
19 August 2016 | 9 replies

Hey BP investors,I have decided to do a deal with my local city that includes HUD funding.  I will build a 4-plex modular unit, each 3 bed 2 bath.  I will live in one and rent out the other 3.  The city will reimburse...

Christian Gibbs Tenant damaged car on repair of Septic
6 February 2024 | 4 replies

Hello everyone-We have a Single Family we are renting out in a very rural part of upstate NY.We had a septic main line go out and had to have a contractor repair it in between snow storms in 8 degree weather.This repa...

Emmy Timberlake Best place to put money for saving for a house?
30 October 2024 | 5 replies

I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...