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I'm curious to hear about the pros and cons of Commercial REI from the rockstars out there! Doesn't have to necessarily be commercial vs residential, but more so why Commercial REI was chosen as a vehicle along with t...
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Hi BP community, this is my first post! I am looking for a 4 unit multi-family and have identified some candidates. I want to know if using 7% (of gross rental income) for repairs, 7% for cap-ex, and 7% for vacancy is...
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Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
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We have received a rental application from a couple who probably would meet our financial rental criteria but they have listed that another family will be living with them. They are US citizens and will be sponsoring ...
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Hello Atlanta / Decatur folks. So I am closing on the purchase of my first property tomorrow. After considering this property for weeks I still can't decide whether to A. flip the property straightawayB. rent the pr...
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I'm new to this site, first post.
I'm looking for opinions on a deal I have just began to pursue.
24 unit
12- 1 BR
12- 2 BR
6- 4 unit buildings
Tennants pay heat/elec
Landlord water/sewer
3.25 acres
asking $720,...
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I am new here and seriously considering REI I have been doing a lot of reading and research.. My question here however is whether or not the returns are worth it I see many posters talking about the hundreds of pr...
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Hello All,
I'm currently analyzing the numbers on a listed Quad. This is my first analyses I'm performing in determining what is the fair market value to place an offer on the property. I've looked at the immediate r...
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I am checking turnkey properties. Seems like all of them are charging above retail prices if you compare them with local comps. This makes the exit strategy difficult for the investor. If you hold the turnkey property...
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So my husband inherited a multifamily home in illinois when his dad died. We moved in to the first floor. And now have also inherited tenants in the upstairs apartment. These tenants didn't have a signed lease. They a...