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Results (10,000+)
Kar Sun Tenant keeps complaining
12 July 2024 | 34 replies
A/C is an exact item, I have never not once had an HVAC tech say "well, let's try this and see what happen, then maybe this and see, then that n see". ....demands id that everything is fixed right away.Uh-huh.
Account Closed Does this Triplex make sense for my 1st deal? (WISDOM Wanted)
9 July 2024 | 1 reply
Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.
C Rutherford Running rentals alone---- Dealing with discouragement
10 July 2024 | 6 replies
@C Rutherford you may not want to hear this, but:YOU CANNOT SURVIVE OFF THESE 5 RENTALS!
Shawn Sopic Adding mini splits worth it?
8 July 2024 | 3 replies
Quote from @Shawn Sopic: When you bought it, it didn't have A/C, so I suspect other buyers will do the same.Installing A/C may not provide a dollar-for-dollar return, but it can make the home more attractive to buyers and enable you to sell it faster.If you spend $10,000 to install the A/C, you can expect it to increase the sales price $5,000 or less.
Albert Johnson Would tenant be responsible for AC repairs?
10 July 2024 | 31 replies
Easy answer - NoThe tenant should be able to cool their unit/home to 70 if they would like, if the A/C will not compete with that and stops working because of that then the landlord will be responsible for fixing/replacing it!
Jason Striker What would you do in my shoes?
9 July 2024 | 20 replies
C+ class homes that are always in higher demand in good economic times and bad.
Richard Benjamin Wilhite Business Income that Doesn't Increase My Personal Income
8 July 2024 | 3 replies
@Richard Benjamin Wilhite unless you setup a C-Corp and pay double taxes, any income will flow through to your personal 1040 via Schedule E.
Tyler Gilpin Keeping track of portfolio financials
8 July 2024 | 20 replies
As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.
Mike K. RE Investing - Not a good option right now
10 July 2024 | 112 replies
Any "C" average student can be a millionaire by the time they are 43.REI types:1. 
Michael Hague Tenant moved out- owes rent / oil bill & left garage everywhere!
9 July 2024 | 21 replies
About half my rentals are C-class and rented to people below middle-class.