I'm closing at 2:00 today on a 6 plex building with 4 occupied units. They are a mixture of leases. The one unit has been occupied for like 8 years and is currently on a month to month/verbal agreement. 1 unit is 4 mo...
In my local market, a multi-families in our A or B parts of town with a Cap rate of 5.5% will usually fly off the market in a few days, often with multiple offers. In the few C parts of town, that cap will have to be ...
What things are you searching for in MLS to find a property? Obviously searching a specific area, and price, but what other key factors do you have in a search criteria?
Hi All,What kind of taxes do I need to pay for operating an STR in Seattle? And if possible how do I find out how much this/these will approximately be?Thanks so much!Gulliver
Hi BP community I would like to know if anyone has bought properties under individual names and then adding LLC or entity name afterwards and sell it under LLC. I have been buying homes under individual names solely ...
Hello everyone!My name is Tyler Jaros and I am a senior at the University of St. Thomas in St. Paul, Minnesota. I am studying Accounting and plan on going into public accounting after graduation. Over the past few m...
I own a property management company and manage about 115 properties. A dear friend of mine has passed away and her heirs are now selling her property management company. She has approximately 120 properties. Does a...
hello BP guys! I am trying to purchase my first multi-family deal. I recently moved and I dont know the area very well. however, I would like to buy a house soon.
My question is: is it ok if I work with multiple a...
What happens when you purchase a tax deed from the courthouse? Are these things usually bought in auction? If they are then does the government take the extra money over what is owed or does that go to the house owner...
I rent rooms in a house. I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints. Now, I...