Tyler Wehrung
My First Commercial Multifamily
Hello BP,I've been on the hunt for a 5+ unit building for awhile now and have finally found one in my local area (northern Cincinnati) that the numbers look decent on. It's a little bigger than I was planning on, but...
Christopher Hand
What entity is best for Buy&Hold with siblings as partners
My two brothers and I will be inheriting close to 1m and and with them being younger (27 and 22) they want to invest this money since they don't have many uses for such a large sum of money now. We are looking at inv...
Mike Xiao
Buyers Commission on larger $10M deal
Hi,Not sure if this is the right place to ask, but figure I'd give it a shot. I have a client looking to potentially buy a $10M multi family apartment building.I asked the seller agent what the buyer's commission is,...
Morgan Reinart
Financing & Zoning Issues
We've made an offer on a 2/1 home in Oklahoma City, and the seller has accepted our offer of $190,000. The house also has a detached garage with a 600 sq ft 1 bedroom apartment and a 300 sq ft studio apartment. I'm tr...
Filomena Bettencourt
Purchase mixed-use building with a partner in San Francisco
Hi BP! This is my first first post ;) I'll try to keep this short. Keep in mind I'm a newbie to real estate!I have a small business (hair salon) that resides in a mixed use building. 1 empty residential on top /1 comm...
Eric Williams
I think cost segs are a little overrated
So I have a Masters in Accountancy a Master in Taxation and CPA. My last firm had a real estate agent who brought in clients with up to 40 properties. None of these people cost seg for residential. When I see costs se...
Alex Ferraro
Rent-by-the-Room Lease - Chicago
For anyone who has rented a property by the room as opposed to an entire unit or house, or has rented out one room to roommate via a rent-by-the-room house hack, are there any special considerations for doing so in Ch...
Aston Ren
Sub dividing a lot in San diego
I have a lot in Sherman heights on a corner. The 4 plex is on the actual corner and the duplex is on one of the roads. Both have frontage to the street and neither has parking off street. The 4 plex and the duplex eac...
Mary-Grace Harley
LLC formation after property ownership
Hello!My husband and I are in the process of launching our first STR in Savannah, GA. I have a couple initial LLC and tax related questions.1) The house was our primary residence, and was bought under my husband's nam...
Brad Stein
MTR Cleaning and Fees
For those with experience running a fully furnished MTR, curious about the following:1) what fees do you charge for cleaning ?2) do you charge separate fees for periodic cleanings and turnover cleanings?3) how often d...