Dominic Balconi
Building a Beachfront Home at 18 years old; first deal ever!
This is my first BP post, just wanted to preface this post with that fact. I'll give you a little insight into my personal situation so you have a better idea of what I'll be dealing with.I am 18, currently a licensed...
Jason Brown
Getting a bank loan and owner financing at same time?
Hi BP,First time investor potentially closing in on his first deal. I am currently in negotiation with a seller to buy two duplexes here in South Florida.To give you some background information the seller is an elderl...
Christopher Malone
My plan thus far... What do you think?
So I took some time to evaluate my strategy. I made a couple of changes, but for the most part, I think I may have a plan...I am going to buy and hold my first property very soon. (the search has already begun) I a lo...
Elliot Cole
Best way to reduce duplex boiler heating expense?
I own a duplex where I pay heat for the property. As an added quirk, the downstairs unit contains the thermostat for both units. The boiler is the only thing in the property using gas and last year my bill was over $2...
Ahsan Shawl
How to price rent increases for tenants paying way under market
I recently inherited a multifamily property which had not been as actively managed as it should have been for a couple years. There's four units in the building ( two 3 bed/2ba, a 2bed/2ba, and a 1bed/1ba basement apt...
Jesse Kindra
Appliances
Hi BP Community,I'm working on rehabbing a property I just purchased and I am trying to decide what to do about appliances. The property was built in '74, and is in a solid blue collar neighborhood south of Seattle. I...
Dennis O'Loughlin
How is using equity to fun a new property profitable?
Can someone please help explain to me how you keep building equity when using equity to fund the down on your next investment? I understand the idea but I can't get my head wrapped around it because when you borrow a...
Joshua Michael Hauman
A Player Contractor Characteristics
People are the most valuable currency. Through my experiments I've learned a thing or two about constructing a winning team. After years of trial and error, I've identified the key traits that separate the weak from t...
Jack Rozema
Expectations for debt terms on a 100-200 unit
I’m looking to propose a deal to some investors I know. There are two properties I’m looking at specifically, one is a 102 unit complex, the other a 224 unit. I have the basic financials and rent roll from the agent, ...
Kevin Siedlecki
Turbo Tax for Investors?
Does anyone with multiple LLCs and multiple properties in each use TurboTax?I have two LLCs with multiple properties in each, and I am pretty confident in my ability to enter the data myself after doing it with an acc...