Saritha Reddy
Inadequate SD and Incorrect Home Inspection reports
I bought my first rental condo back in February/March, and just now realizing the gaps in how things were identified to me both by the seller/realtor and the home inspector recommended by the Seller agent. Besides rea...
Account Closed
People are quick to tell me why I should NOT buy a 5+ unit building. But why SHOULD I?
Wife and I are in the beginning stages of going after a long term income property (In Los Angeles). We already have a 4 unit building here in LA - and a single family home we live in. Initially we were thinking 4-p...
Tyler Minkel
First Time Duplex Buyer
Hey All,I’m a Newbie to the BP world and looking to get started. I’m looking for some help on my first duplex purchase, basically looking for some direction. Ideally trying to find an agent/investor in the Minneapolis...
Bill F.
Single Loan on Multiple Properties
I'm looking for BP's ideas and thoughts about the pros/cons of financing multiple properties under one commercial loan. I hold one investment property in an LLC and I focus on sub $100k town homes so up until this poi...
Lesley Futterknecht
Noob here. Overwhelmed by response to my 'for rent' sign.
This is a good problem to have, but I have no idea what the best way is to handle it. Hubs and I closed on our first ever income property last Friday. It's an unoccupied duplex in a so-so part of town (but on the bo...
Li Kia
Questions: Luxury vinyl and kitchen upgrade
hi All, I would love some input. My tenant will move out in 2 weeks. I am thinking about replacing the floor for the common areas, bedrooms, bathrooms and private hallways for my rental in a nice neighborhood. The fl...
Matthew Samson
Should I engage a CPA now or wait until we've built up a basic portfolio?
Hi all. My wife and I are still in the 'learning phase' as real estate investors, but we know for sure that in the next year (a) we will be converting our primary residence in to a rental, and (b) buying another house...
Michael Plaks
Explained: RE Professional & K-1 syndications
Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
Jennifer F.
Property management software for both STR and MTR?
Hi Everyone,
My husband and I recently bought a house in Seattle, Washington (specifically Ballard neighborhood). We are trying to weigh the pros and cons of doing a short-term rental (STR) or medium-term rental (MT...
Greg Morton
Starting out with debt!
Hey everyone!
So I'm just starting out, but I have a lot of debt! Between school loans, car loan and credit cards, taxes too, It's all quite depressing. I'm currently reading and listening to The Book on Rental Prop...