Clayton Clark
Advice on structuring and owner carry deal
I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done. We would avoid a lot of expense with Realtor, Title and Financing fees this way ...
Rich C.
Renters Insurance Requirement in Roommate Situations
Hi BiggerPockets community! For those landlords requiring renters to carry renters liability insurance, I am curious what you require in roommate situations (unrelated occupants on a joint lease). Do you require all ...
Francisco Ruiz
STR Partnership Structure - Feedback
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
N/A N/A
I am newbie with rental income cash flow question
I first want to thank everyone from newbies and experience people. I just joined while surfing around this site several times. To get my feet wet,
I am taking about 6 month to a year to study, research.
My goal is to ...
Samson Tefera
What do you do with left over materials from a rehab?
Hello,
I'm flipping my first house. What do you typically do with any left over materials not used from a rehab such as tiles, wood, paint? Should I just have the contractor get rid of remaining unused materials?
Thanks
Navid A.
Deducting Business Expenses & the Standard Deduction
If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
Iraj Kasimi
Insurance
Hello all,I am interested in purchasing an apartment complex in Alabama. Just wondering, what types of insurance should I carry on the property? Any advice on where to get the best deal on the insurance? It's about...
Emmett O.
Closing Cost Estimates
Hi Everyone,I have a question regarding closing costs in Philadelphia. Is there a rule of thumb that everyone goes by here? I have heard 6% but wanted to see the crowd's opinion. Thank you!-Emmett
Jeff Ronningen
Tax Treatment: Capital vs OpEx
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
Ruel K.
Security Deposit Clause On A Lease Agreement
I am renewing my tenant's condo lease. The security deposit carries over to the new lease. I have worded it this way:On signing this Agreement, the Tenant’s security deposit of $2,000 from the 2017 lease is carried ov...