Calvin N.
Best tax approach on rehab
We purchased a non performing note, first position, on a SFH in Feb 08. We went through the foreclosure process and took possession on the property, May 08. After an extensive rehab (90K) completed before the end of...
Chris Burns
Becoming own GC in Philadelphia
Hello BP Forum!I am interested to learn more about the process to become my own General Contractor in Philadelphia for investment rehabs which are single family or two-family units that I own, and would like to get yo...
Chase Gibb
Bel Aire Apartments in Burlington, Iowa
Investment Info:
Large multi-family (5+ units) buy & hold investment in Burlington.
Purchase price: $1,700,000
I invested in the Bel Aire Apartments in Burlington due to its potential for long-term c...
Jay Helms
Accountability is Actions > Excuses
1. Who wants more REI action? We all do! 2. Who wants more accountability to improve performance? This one can be tough, requiring full dedication.3. Anything that gets measured receives improvement. We should all be ...
Ian Verzoni
Rental Upgrades During Tenant Changeover?
I'm a low experience investor, I've had my rental since 2015. My current tenant is moving out spring 2021. I'm wondering, should I:1) Take advantage of the move to perform upgrades? 2) Perform light changes? (i.e. c...
John Hole
De Minimis Safe Harbor or Safe Harbor for Small Taxpayers
I just replaced a refrigerator in my rental last year. The cost of the fridge was more than the $2500 ( $2499 + tax + shipping). Assuming that it is the only expense I have for my rental, can I expense the cost of t...
Ryan Leake
Behind the scenes of my STR management business
As I run my STR mgmt business, I figured I'd simplify and share my company's comprehensive list of daily tasks that we believe deliver the best results:
1. Dynamic Pricing
- Price Adjustments: We take a look at ma...
Kyle Callahan
residential redevelopment spreadsheet
Hi, investors - I've been a BP member for a long time - have planned for years to create an Improve and sell practice. My goal - buy properties and improve them for resale. We're based in Boulder, Colorado. The thi...
Karen Higgins
Negative cashflow apartment building. What to offer???
We all know that it is hard to find a great multi-family deal in today's market. It's better to "make one". We have bought multiple small apartments 10-20 units, that have had upside potential with room to increase ...
Jonathan Brobst
My Successful start in Real Estate
I have to attribute most of my success thus far in Real Estate investing to my wife. I flipped 4 houses while my family lived in them and at last she had enough. I was told I could only flip houses we do not live in...