Chris T.
At what point does a Repair become an Improvement?
After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
Michael O'Brien
Dodd-Frank repealed effect?
Just saw that trump signed an order repealing the Dodd-Frank act.
Regardless of your political views, what effect will this have on the common person using the Brrr method, buying and flipping, and obtaining loans t...
Adam Schneider
Option and Offer forms for Mobile Homes
Mobile Home Questions for the BP community:I'm putting a mobile home under an Option contract and looking to assign it. Can anyone send me a form or two to use? If I'm seller financing my assignment fee, do I use the ...
Rafael Valles
Initiating a short-term rental
I’m interested in learning the opportunities to pursue the path of short-term rental in the Austin area. Curious about how to analyze the feasibility that it would be a viable business in 2023.
Paul Dashevsky
Just finished building an ADU in Los Angeles
Just finished an ADU in the Lake Balboa area of Los Angeles. Expanded an existing detached garage into a 740sf ADU with 2 bedrooms and one bath. I'm renting it for $2500. The total cost of the project was around $175...
Kathleen Volpe
Unwanted tenant in Indiana
I'm new to BP and have learned so much. I'm so glad there is a website like this. Here's my dilemma. My husband and I have recently bought a 4 unit apartment building in Indiana. The seller is an elderly woman (85) wh...
Rebecca Preast
FHA owner occupancy rule
My husband bought our house in 2004 with an FHA loan ( with down payment assistance). We lived in the home until about 3 weeks ago, when we moved for my husband's new job. We had planned on renting out our home as our...
Dan Hartman
New to property investing
Hi BP, I joined a few years ago and haven't posted before. Current goal is to buy a rental property in the Ocean City, MD area. I'd like to rent it as much as possible and leave a few weeks during the year to stay the...
Malia B.
Boiler Failure - getting the run around
We have a boiler that failed this week (a crack) and needs to be replaced ASAP. Last week the gas company lad a leak on my street due to a valve failure and system over pressure. My guess is that gas company issue cau...
Jimmy H.
Lonnie deals
With the recent regulations regarding owner financing, and having to be licensed to do so now, what effect, if any, will this have on "lonnie" deals and other land contracts etc.?