One of my properties had a tree with large branches that fell and broke part of the neighbors fence. Now they’re asking us to pay for it. How would you generally handle this? I can see why they are asking but at the s...
Hi BP community,I recently started my property portfolio using a bank loan, and decided to explore private investment to speed up the growth of my portfolio.I have an investor friend who is interested in backing me af...
What are you seeing in regards to K 1 losses in year 1 based on forced depreciation from Cost Segregation studies?Since 2017 , we’ve seen the following ranges 14-30 % for storage 40s to high 50s% for multi family with...
Does anyone have experience with leasing coin op laundry in small multi families? I’m aware of some places that have a minimum unit requirement, but would like some options for our 5 unit portfolio (or maybe only a p...
I'm currently immersed in "The Multifamily Millionaire" Vol II by Brian Murray and Brendan Turner. On Page 235, a calculation for Cash-on-Cash (COC) return for Limited Partners (LP) caught my attention. I'm seeking as...
Hi all,
I am considering purchasing a church and using it for rentals. The property is zoned for single or duplex residences, so, in order to allow for more renters, I am planning to use it as a duplex. It obviousl...
Hi all,
I am stuck in this situation. Due to my bad personal credit. I am seeking in bringing in a partner to use his/her excellent credit to apply and get funding for acquiring properties. I already set up a LLC. My...
It’s been a while since I posted here! I currently own and operate 5 mobile home parks along with my father. We have vacant lots that we are looking to fill in Iowa and Florida. I have seen some people online talking ...
I've been listening to the BP podcast and a lot of the investors they interview talk about getting outside investors and using other people's money. I'm just curious how these deals typically are structured. Where do ...
Let me preface this post by stating I am the type of person that will negotiate at McDonalds. I have no issues asking to see if I can get a better deal or save a buck. I'm pro negotiation. That said, I have been both ...