Hi guys, I'm thinking of buying a 5-plex in Montreal. This would be my first deal. It currently cash flows. However, I am worried that office buildings will convert to residential units afters the pandemic ends and co...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Duluth.
Purchase price: $300,000
Cash invested: $25,000
Definitely a unique deal! This property is a fourplex and the only...
Hello all,I'm an out of state newbie investor looking at a couple properties in Rockford, IL and would like to get some local insight and help before I pull the trigger. The properties i'm looking at look good in the ...
Questions: (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan? (2) If so, is the interest paid by the company a deductible expense to the company reporte...
Lately, I've been torn between investing in multifamily or single-family properties. I see value in both, but I'm unsure which is the better option. Currently, I own one single-family home and one fourplex. The single...
Hi- I own an SFR investment property that a family member helped me rehab. I own the property in my name. Question - can I 1099 my family member for helping me rehab the property and increase my cost basis and reduc...
Hello fellow BPers!I am wondering if any of you know a trick to reduce water bills in Chicago? I have a few multi family and their water bills seem normal. However, in my single family where I reside (in the northside...
Hello, I am a newbie to Real Estate business and have many questions. Before I was getting all excited about real estate investing, my mom was saying you will be paying lots of taxes if you don't live in it. My mom ha...
Hi,I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduc...
Good Afternoon, Wondering if anyone could speak to maintenance costs on multi family properties in the great Portland market. Interested to hear from investors that have held properties in the area and whether they've...