K C
Do I need an attorney or accountant - Planning on renting my home
I am trying to determine if I need the services of a real estate lawyer or an accountant as I determine whether to sell or rent my current home. My situation, and questions, are as follows:
My wife and a I are going...
Andrew Hunt
Partnership LLC for House Flipping
Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
Joe Rodriguez
Managing operating expenses
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
Simon Hernandez
Adding water meters to multifamily
Hello, everyone. I'm looking at a 5 unit multifamily with a master water meter. Have any of y'all split the meters and, if so, how involved of an undertaking is it?
Jonathan Denney
Expense Calculations for Columbus Ohio
Using the BP calculators to estimate expenses, I was curious to know what percentages other Columbus, OH investors were using for conservatively estimating management fees, repairs, vacancy, and cap ex. I know these c...
Prabhu Babu
Splitting Utility Bills between two tenants
Hello fellow tenants & landlords,
I hope everyone is sound and safe. I recently moved into a Single Family Home in Mountain View, CA. My landlord has sublet a portion (upstairs) for another person. The other tena...
Derrick C.
What to do about contract breach
Our Oklahoma tenants have an animal that has shown aggressive behavior and trespassed on the neighbors property several times. I spoke with the tenant Saturday and told her that they had 10 days to get they animal in ...
Manuel Vicente
Transfer to LLC and Capital Gains Exclusion
Hi!
I've been doing some research on this topic, but I haven't really been able to find solid information.
I have a property that I lived in for two out of the last 8 years, and because I moved out of the property d...
Terry Zannella
Refi vs Sell small multifamily after value add?
Hi there,
I’m looking for some advice on how to determine whether to (a) Cash out Refi or (b) Sell, in order to reinvest profits after a successful value add on 2 diff 4-plex’s.
Details:
I own 2 near identica...
Sandra Reid
First time investor analyzing triplex needs deal analysis help!
We have an off-market deal for a triplex, specifics are below. It looks like the initial returns are below what we would target, but there might be potential with some improvements to the property.
Asking: $220K
Dow...