Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Pierre Eade
What Form to Use For Tenant to Agree Upon Deposit Returned
Hey BP Fam. I have a tenant who was giving me a hard time about the amount of deposit money I said he should receive back. He was threatening legal action etc. We came to an agreement of terms, but before I give him a...
Joseph Gisler
Adding a small maintenance clause or not?
I recently had my rental agreement vetted by a RE Attorney and he suggested putting a clause in that states "any maintenance/repairs costing less than $50 (or so) dollars is responsible by the tenant."I think this is ...
Chad Kilgore
Help Understanding Title Info
Hello! I've got a question about some title info on an auction property I'm hoping someone can help me out with. I've attached the pictures of the documents pertaining to the title that were included in the listing. S...
Matthew Sipes
Good ways to figure out rehab costs
Hi Everyone! I know the book of estimating rehab cost is a good one, but is there any other ways to figure out how a rehab will cost?
Ryan Miller
Repair Cost List- help needed
Does anyone have an updated repair cost list they are willing to share? I have been working on one for a while but I feel like I'm missing some items and want to make sure my charges seem accurate and fair.
Ryan Moore
Looking for a book that dives deep into a small MF due diligence
Is there a recommended book out there that does a good deep dive into proper due diligence and other important items like determining reserves? I've closed on a 4-unit before and I just got under contract for a 5 uni...
Aaron Sims
Budgeting
I'm a new owner and trying to come up with budget on what I should fix now or put on the back burners.The building is newly painted but the front and backyard is nothing but dirt.I need a new roof, 2 2 car gargage ...
Joshua Ferguson
Tenant moving out. HELP
Hello all,While I don’t have a rental of my own yet I’d like to see if you all can help with my friends unit. He has a tenant that has stayed in the unit for 9 years and is moving out. Issue is he only had him sign an...
John Ozasi
Commercial Rehab Project
Considering a buying a owner use commercial retail pad that is in really rough shape and requires a full rehab. This is the first I have gotten on this project and have no prior experience. Any help and input would be...