Elliott Fisher
Curious people's difficulties in managing portfolio
Hi BP community, I'm Elliott. I live in NYC and remotely manage three SFH properties in TN. I handle all tenant & repairs mgmt, accounting & cash needs of the business. I use over 6 different software tools - ...
Louis Roggeman
Raising rent!
Hey guys! So my partner and I found a place that we think we like. It's a 4 unit in Dunmore PA. All the units are rented, but the rents are about $100 less than where they should be. Does anyone have experience with b...
Kevin Zhang
Have anyone use turbo tax to file for tax?
Bigger pocket members, How do you file for tax return for newbie? I only have two rentals. One in Memphis and another is Cleveland? Anyone recommend using turbo tax? Hiring cpa can get expensive so trying to find t...
Account Closed
Estimate for SMOKER Rooms Renovation
One unit in the duplex, which is two beds and two baths is a smoker room- and I’m looking to get it renovated, but I don’t want to get ripped off by contractors. What is an average estimate to rip out the carpets and ...
Marek Kowalewski
Listing Rentals in Chicago
Hey BP Chicago! I am about to close on my second rental property in Bucktown. I used an agent to list out my first property but want to list this one on my own to save some $. Was going to use Apartments.com and other...
Account Closed
Top 8 Things to Make Rental Inspections Less Painful in Michigan
Top 8 Things to Make Rental Inspections Less Painful in MichiganUnless your rentals are in an area that doesn’t certify properties, we all face a rental inspection at some point. Experienced rental property owners ha...
Luke Johnson
Taxes, Multi-Family Live-In, and LLC???
My wife and I bought our first property in June of 2021. We are househacking a triplex where we rent two units out and live in the 3rd unit while renovating. We are now looking to move on to our next property. A famil...
Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Roberto Rohann
Building a 2 family in westchester NY vs buying an existing one. Cost effective?
My goal is to owner occupy a 2 family house in Yonkers, NY. I would live in the property myself for ~3 years give or take and the goal would be once I move out to have the property fully rented and cash flowing. Ideal...
Ali Croft
Interested in Norfolk, VA - worried about flooding/climate change
I am looking into purchasing a duplex in Norfolk, VA as a first step in real estate investing, with the plan to owner-occupy for 2-3 years. Norfolk because I like the city and it also seems that properties are still a...