Paige Alexandre
Aspiring ChicagoLand Flipper, Ready to Learn More
Good Morning All!My name is Paige and I am from the Chicagoland Area. I am 26 and I am finally ready to take a step into real estate, and I have to say that it is quite intimidating. I have begun reading the Beginner'...
Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Jared W Smith
Looking for First Deal. Help with Analysis
Hello all- In an effort to work toward comfortability in pulling the trigger on my first deal I am analyzing several local deal (in Westchester County, NY). I came across this 3-Family for $350k. Seems below the aver...
Calvin Douglass
Adjacent rowhome under construction; tenant electric bills soar
One of my rental properties is a 2-bed 1-bath rowhome in the Canton neighborhood of Baltimore, MD. The home commands $1800 per month in rent.One of the adjacent (attached) rowhomes is under renovation and has been ope...
John T.
How to tax a co-investor?
Hey all,I have an interesting situation that I will need to deal with next year. My father is a year from retirement and has decided to withdraw his 401k to help me buy some additional investment properties. The deal ...
Ana James
Holding deposit confusion
I applied for an one BR apartment at a community in CA. The leasing manager was able to convince me to deposit the holding deposit check the same day even before filling my application form. I submitted the check aft...
Nick Leamon
HOA Trying to create leasing restrictions.
Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the...
Kenneth C.
High Utility Usage by Tenant (Landlord Paid)
BP:I'm about 4 months in to owning my first two SFH's with carryover tenants. Thus far, we have had a great working relationship. I purposely staggered the leases to expire 2 months apart, and I made them shorter so t...
Jacob Whitney
Multi Family Investing
Hello My name is Jake. Brand new to BP, just Signed up for last night. My main objective for signing up is to learn about real estate investing and specifically multi family. I am coming into a little bit of money an...
Paul Winka
When is loan interest considered income?
I do private lending. I have a primary borrower. When a transaction closes, the principal and the interest are rolled to another loan. Thus, I never touch any of the money. Is that interest considered income for tax p...