You never know when an exceptional multifamily deal will come across your desk. The truth is it could happen at any time, and when it does there are a lot of things you’ll need to do. I can tell you from firsthand exp...
For anyone doing wholesale deals in Maryland. When you put a property under contract, do you include an assignability addendum? Or do you include some wording in the contract such as (and or assigns)? Some BP pro...
Hi All,I am in contract with one small duplex in Bakersfield CA area(zip code - 93305) and need some guidance from expert investors to see if these numbers make sense.Offer Price: 100k (1bd/1ba and 2bd/1ba) - 1500 sq ...
If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
Hi all! Would love to hear (read) your thoughts on this potential deal:SFR - excellent neighborhood, excellent schools, 2/2, 1032 sf, built 1998Currently rented for $825/mo, (lease ends 10/2015), no "make-ready" co...
Hello BP Community!
Strange request - I finished drafting a Lease Agreement (See Attached below) to rent out vacant rooms in my house and seek input on it. I'd appreciate feedback and questions for clarification. T...
I am trying to decide if I want to include rent credits in my lease option deals. I have read opinions in both the negative and positive. One question I get frequently from my tenant buyer prospects is "Will my rent...
I'm sure this is made to be a big pain in the neck by design, but I want to comply and am not seeing a straightforward way to collect Denver's Lodger’s Tax in Airbnb. Denver rules state "The Lodger’s Tax rate of 10.7...
SO I purchased a property earlier this year. It was a 3-plex that needed some significant work. I had everything figured out and lined up financially to rehab it. There is a mortgage on the property and I used my own ...
So I notice a lot of multifamily landlords I talk to seem to be paying for water/sewer/garbage. Is this normal? For example, a house is split into an upper and lower unit, each 2/1. The current landlord pays ~$190 a m...