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I come from more of a commercial background but now only residential. Typically, in Commercial leases you have yearly increases based on the CPI.. right now it's 6.2% for the last year!CPI Home : U.S. Bureau of Labor ...
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Can you share how depreciation works in a Joint Venture? Partner brings caliptal/down payment (passive involvement) and I do the management (active REPS activity). If there is only a JV and not a new LLC formed, what ...
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I am setting up short term rentals in Houston Texas and am curious about best practices, things to look out for, best lease agreements, etc. Any input is greatly appreciated!
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Hi Guys!I'm interested in pursuing pre-foreclosure deals in Baltimore County, MD. If I don't have the cash to purchase the property outright, what financing options make the most sense for this kind of deal? I underst...
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Hi BP, what are lead paint laws in Milwaukee, WI?
Hello, Happy Saturday.I am currently looking at a property and the broker informed me that the current property taxes are 60k a year and the after the sale of the property they can go up to 160k a year! He said the ow...
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Hey BP,
Has anyone used a marketing campaign to attract tenants for a property? I have a SFH that I was living in and am now listing to rent. It is nicer than typical rent range in my town so therefore smaller pool o...
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Hi, I have property under LLC and the current lease agreement with tenant reflects that. But due to issues with refinancing, insurance and also 800$ additional tax I had to pay in California, decided to move it out o...
Many are projecting a worsening of the cement shortage. The border wall will certainly not help. Currently about 4 million metric tons of 14 million metric tons Texas uses each year have to be imported. It takes ye...
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The issue I am running into is understanding the additional insurance the law requires me to carry (in addition to AirCover). I was reading about some of the legislation passed in recent years in the area and it appea...