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Hello everyone,Under contract on a 1940s home in Oklahoma City that I plan to use as a long-term rental.The inspection will be completed on Thursday, but wondering what reservations come to mind for the general public...
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Hi there,
I recently did a flip in Class D neighborhood, and listed it for sale. We haven't got much traction or interest from buyers in past 50 days. However today my realtor got a text from a buyer willing to make...
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So, after my last tenant left earlier this Spring, I quickly rented out my place to a couple for period of 6 months. In the Fall of 2016, I will be moving back to my place. Since it was only 6 month lease, both the t...
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Hey Everyone,This is my first foray into purchasing a property that is already occupied. I closed on a duplex yesterday with tenants that are currently month-to-month. It has been under property management (I don't th...
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Hello BP'ers,We recently were offered an opportunity to lease-up and manage an apartment complex that is in the works. It is an old warehouse that is being converted to 70+ units. We have been tasked with trying to ...
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Hey there fellow investors, I am new to wholesaling and just wanted to see if anyone knows if it's illegal to wholesale in NJ, also, does it require a license of any kind. My understanding is no to both questions but...
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I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
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I currently have a ranch house with basement that is 2bd/1ba on the main floor and a 2bd/2ba in the basement. Both floors have a laundry and a kitchen. They are separated by a staircase with a locked door. Both have m...
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Hello good people, I took the plunge and called a lender today. It's a Federal credit union that is next door to where I work, I figured what the heck. Here's the long story short - I want to invest out of state, and ...
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Hi!We currently own 26 doors and in the process of acquiring 17 more. We have been self-managing our units for the past 5 years. Maintenance is getting heavier and management in general is more time consuming with mor...