I am a former licensed loan officer, real estate appraiser, and a former project manager for a commercial flooring company. I have only "flipped" my personal homes, but I want to start buying 'fixer-uppers' and some b...

Hello, My husband and I are new to the idea of starting rental properties. We have a goal set to hopefully have our first rental property in the next 6 months. Does anyone have any good advice on things we should do o...

Per Indopco, capitalization is the norm, while deductions are the exception.In other words, instead of asking do I have to capitalize this, ask, what Code section provides an exception to capitalization.One such metho...

Does anyone supply their rentals with shower stall drain hair catchers (such as the OXO brands)? Our renters of 3 years moved out and I found a HUGE wad of long hair plugging the master bath shower stall drain that wa...

They advertise (on CL) Hardie siding, 7" face, for $5 a board. Not a bad price. Looks like they sell Mi Windows at wholesale prices. The pictures look like they are the builder grade products... targeting the flipper ...

Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...

Hey everyone i was hoping to get some insight from people experienced with direct mailing to delinquent tax, code violation, etc. I wanted to try mailing to these groups but don't know how i would go about getting the...

Two months ago, I initiated a Physical Fitness Class, which has quickly grown to 200 members. However, the revenue hasn't matched the growth rate. An experienced entrepreneur in the same field has offered a partnershi...

Hi So for house hacking I know a person needs to live in the property for at least one whole year before moving out.Let’s say I house hack a property for which my cousin is going to pay for the down payment. In this s...

Hello BP, Recently I've noticed my motivation to do things is declining, and after a serious self-evaluation, I've come to realize that a lot of my lack of motivation has to do with my fitness and eating habits. Does ...