Daniel Oluwaniyi
Buying first property during COVID
Hi BP!
So I've decided to make the jump and buy my first real estate property. Since its my first property, I naturally have blindspots and I'd thought I'll reach out to the community for help. Found this property th...
Wesley Thompson
Maryland Mobile Home Park Acquisition
I'm looking at a small MHP, 6-Units, in Maryland. It will be my fist MHP and commercial property. It's a small market about 30 minutes away from a small city in MD. pp=$305,000
4 of the 6 units are occupied at $850/m...
Robert Johnston
Normal Wear and Tear?
Good Evening All,In preparation for my tenants vacating a property on 4/30/19, I conducted a walk-through inspection, which revealed a long list of damages and cleanliness issues. I'm specifically curious about every...
Waylon Smith
STR Cash Flow Analysis First Time - What do you think?
Hey everyone. My wife and I are ready to invest in our first STR. I know BP has rental calculators and I will likely use them in the future. However I wanted to do this manually so I can learn it myself first. I would...
Sofia Sharkey
COSTS TO CONSIDER WHEN ESTIMATING SHORT TERM RENTAL PROPERTIES
Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...
Christopher Price
Water shut off guide for tennants. Good or Bad idea?
Hello everyone,I own a 4-plex and have run it for 3 years now with success. Recently I ran into an issue with a tenant. She had a leak under her sink and was unaware how to shut the water off. I was able to get to ...
Eric S.
What to do with extra 1031 money ???
Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
Warren Johnson
1031 Exchange Question
I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...
Jordan Freeman
Condos
Hello again BP, I had some questions I was hoping to get some helpful answers too relating to condos as a first time home. I was recently told by many people that a great way to learn about real estate investing in th...
Mike Nicholson
Rental Properties / Knob & Tube Wiring
Long time lurker, first time post. I have question for landlords about knob & tube wiring. I am a somewhat new landlord, just 2 properties, and in the process of purchasing one now. The one I am in the process ...