Good morning BP family. Please take a look at thge 2 properties I am considering. I personally think they are both deals, but can't afford to buy them both at the moment. If I had a private money relationship, that...
I'm thinking about getting an owner/builder worker's comp insurance policy so that I can engage a few guys to do a condo remodel for me. I want them covered with workers comp to avoid any liability lawsuit if anyone g...
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
I am wondering which is a better option. Is it better to pay a tenant to take care of certain things around a duplex or should I charge the tenant less rent? I am wondering from a tax advantage point of view. If I c...
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Want to invest in a multifamily home. Have enough to pay cash for triplex but interested in investing on a 4 unit complex. What do you recommend? Triplex $415k. Apartment $750k. Which one would you buy? Rent is close ...
Hello Everyone,
I hope you're having a great day!
My name is Travis. I'm 29, and I've never owned a house before. I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly exp...
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Here's a current story of the mistakes made by an uneducated investor.
The subject property is a 2-story, 4 bedroom, 2 bath with a basement.
The current owner acquired it in 2017 in either an estate sale or a probat...
I have 3 rental properties in Missouri that were all purchased in 2020. All three together my monthly cash flow is around $800-1000. Every time I get a couple grand built up I end up paying some big expense on one of ...