Mark Takata
Improve Apartment Operations
Hey BP, Background: I'm trying to help my dad improve operations on his 8 unit appt complex in the West Adams area of Los Angeles, CA. He currently has 6 of 8 tenants on month to month (2 newest including one that mov...
Kenneth LaVoie
Cap improvements vs. operating expenses
A quick newbie question here!
After much great feedback from you and some hand holding from a couple of experienced, generous mentors in my town, I'm in the process of making offers. I have one expenses question tho...
Timothy VanWingerden
Operating expense or capital improvement?
I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
Ty Kauffman
Purchasing, improving, and operating self storage facilities
Hi everyone! My name is Ty and I am seeking to meet self storage owners and operators, as well as brokers and tax attorneys within the self storage industry, to learn as much as I can about purchasing, improving, and ...
Austin Laughner
Making the best of COVID-19 - Improving Real Estate Operations
With COVID-19 locking down Chicago, I've been transitioning my focus onto improving operational aspect of my RE portfolio.
Items currently underway:
a. Working with my real estate partner to keep a running ledger of...
Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Minh Lai
Are operating expenses tax-deductible? & Other Tax questions
Hello, I got some caffeine in my system so let me know if you do not follow. 1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...
Steven Gesis
Reliable and Cost-Effective Drain Services in Cleveland, Ohio
Reliable and Cost-Effective Drain Services in Cleveland, Ohio As landlords operating in Cleveland, Ohio, we have often faced challenges finding a cost-effective and consistent drain service provider. This struggle con...
Jacob Ayers
Deal Analysis
Hi BP Community, I've recently purchased @Michael Blank 's Syndication Deal Analysis calculator. I've received a P&L statement from a broker. However, the NOI is trending in the red, due to recent capital improve...
Deidra Swenson
Value Add Self Storage Facility
Investment Info:
Other commercial investment investment in New Richmond.
Purchase price: $425,000
Value add self storage facility with 65 units. This was our first time getting into a self storage deal, ...