I'm currently looking at a duplex plus a detached garage apt right now and curious if any of y'all have thoughts on what I should allocate on CapEx. I currently have my numbers as $200 per door, per month, so $600 a m...
I have my first rental property and my first tenant is a needy one. He literally calls at least once a week about a problem. Some were legit, like a running toilet. Others, not so much; such as his wife thinking there...
Lessons Learned from Real Estate Market Frenzy
This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...
Here’s my dilemma. I have ~$150k in an employer 401(k). My job ends at the end of February. After that my and my husband’s plan is to invest in multifamily rental properties, reinvesting all of the profits as we go in...
So I have a tax situation that is unfortunately going to require me to have to terminate the services of a CPA and start over for tax year 2020. I am a MI resident, currently work overseas in Bahrain and take full adv...
After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
These seem to be an OK investment for those that just want cash flow. Granted, they don't typically appreciate as well as a SFH but they look like a lot of good. Professionally managed, exterior done by the assoc, etc...
Hello,I am writing because of a situation that we are in. We sold our personal property in September of last year and have been living with family ever since. In June of this year, we received a large packet in the ma...
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...