David Czech
Should I be doing something with reserve cash I get from rent?
This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
Diana Costta
Having a hard time finding tenants for my rental my unit.
Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
Justin Silverio
Not paying a realtor?
I got a call yesterday from a homeowner who wants to sell their home. He owns the property free and clear and is willing to sell it to me for $60k. Unfortunately, the property is currently listed with a RE agent (li...
Kairaba Burson
capital gains tax!!
im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...
Alpesh Pandya
How do you find properties earning 1% of value in rent?
Full disclosure: Newbie here.After going through many tremendously helpful podcasts, articles and forum discussions, I have decided to get in action. At starting out, what struck me is that it is almost impossible to ...
Freeman Schultz
Vacant apartment questions
In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.Another reason why apartment...
Jay Mayer
First time Rent Increase after 2 yrs, $100 too much on $1100 rent
Hello everyone, I am a new landlord with little experience and wanted to get some insight on a rent increase I am planning on my rental home. It hast been 2 yrs since the tenant moved in and assuming they want to sing...
Ed Long
First Commercial Property (20 units) - Advice Requested
Hello,
I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...
Wade Stahle
Rental Income during market decline
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Sahara Faughn
Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...