David Kramer
Reassessing Property Taxes
Hey BP Community,
I am currently working through a property tax reassessment on one of my rental properties (property tax jumped on a SFR from $2800 last year to about $4000 this year). Who has had success in workin...
Sebastian Roy
buy now or wait?
Hello everyone,
I am currently looking to purchase my first multifamily to house hack but am a little bit concerned with the high prices. One property in particular is $15,000 above my max pre approval amount and i...
Jennifer Garcia
3 Car Garage Estimates
I'm getting ready to tear down a two car garage and upgrade to a 3 car garage with a dwelling unit on top. I was wondering if anyone has an idea of what the cost for labor and materials mights be?
Cassidy Burns
Client Success Story! Single Family House w/ Cash Flow in NOVA
Hi BP,I wanted to highlight my clients success story for his 2nd house purchase in the HOT market of Northern VA and more specifically Sterling, VA. He used 5% down conventional financing to purchase and is going to ...
Sam Lofton
Cash Reserves For Rentals
Hi Everyone,
How much cash do you recommend saving in reserve for each of your rentals? How do you divide that reserve? (Ie 6 months of vacancy, X amount for repairs, etc). I'm new to this and currently have 2 ...
Dennis Ulrich
Model tenant is moving her fiancé into her apartment for one mont
I have a model female tenant at my property. She is respectful and has never caused any problems. Her lease says very clearly that guests are only allowed to stay on the property overnight with advance written permiss...
Desiree Kumar
Madison, WI - Phase I Environmental Study Needed
Can anyone recommend a company to complete a Phase I Environmental Study on a 16 unit apartment building in the Madison, WI area? Would prefer recommendations for a company you have personally worked with. Need this c...
Chan Park
What is the best way to go about buying my first home?
I am currently located in Edmond, Ok and with my apartment lease coming to an end in July 2021, I'd like to purchase a 3 bed 2 bath, live in one and rent out the other two. My credit score and incomes are solid, but m...
Charlie Kimberly
LLCs for a partnership
I'm about to close on a SFR deal that will be my first partnership. We're planning to quitclaim the deed to an LLC, should we share 1 LLC, or each have separate & put two on title?Thank you, CK
Ryan Bird
Due on sale - no more an issue?
I wanted to buy a property through a newly-formed LLC so was planning to take the commercial mortgage route. My mortgage broker told me that a conventional loan is another option as due on sale is no more an issue as ...