Jordan Burke
Need a boost
Hey BP, I'm feeling a little down. I have been looking for a place around the provo, ut area and cant find a multifamily that falls into the 50% rule. Does that mean I need to find some exceptions to the rule, or tha...
Carlo D.
Considering doing longer leases
Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...
Jennifer Lulofs
Windows - Refurbish or Replace?
Hi, I recently closed on a SFH in northwest Denver that was built in 1898. In general the home is in good condition with the most notable exception being the windows. All the windows are wood, single pane and origina...
Mike Rethis
Buying My First Tax Deed
Hello everyone,
My name is Mike Rethis, and I'm brand new to the Real Estate world. If you read my bio, you will learn quickly where I am at in my journey to the unforeseen future. After just getting my agents licens...
Gloria Mirza
What does your ROI look like in California?
I'm an investor in California and have bought in Stockton and Elk Grove. I read the deals in other parts of America and we don't get anywhere near the ROI as other parts of the country. I typically get a cap rate of...
Joshua Smith
Newbie in Washington DC
Hi guys - I have a big goal: To purchase and renovate a four unit property in the Trinidad or Kingman Park neighborhoods of DC with a FHA 203K loan, rent out three units for a year while I live in one, and then conver...
Greg N.
Down Payment Advice: Roll 401K into IRA into Down Payment
Hey All,I plan on purchasing my first property by the end of the year and I'm thinking about how to most effectively use my funds/savings for a down payment (about 20-25K).I amassed a small 401K balance with my previo...
Kevin Van Ness
Pass Through Income
I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my...
Joseph Sherer
MAGIC ELF? Property owners-managers with fewer than 10 units: what would you do with a magical elf?
Hey BP community, Do you own anywhere from 1-10 SFH, duplex, triplex, quads or other properties that you manage yourself? If you were gifted an elf that could tackle only one job, what would you have the elf do to...
Bitsy Voloskie
How exactly does wholesaling work?
How does wholesaling work and what are the advantages?
do you think its a good place for a newbie to start out?