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I bought a property in 2004. Later one of the renters wanted to buy it from me. I sold it to him via owner finance. Some years back he could no longer pay for the home and was moving away. I took the house back for...
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New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
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when you have a Sandwich Lease Option.
Your T/B is ready to excercise his option.
How does this close if you don't have the funds to purchase your side (A-B)?
Thanks
Rich
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Hello Fellow Notes Folks!New here and thought I would introduce myself. I am 33, worked in finance for past 10+ years in various roles including private equity, LBOs, M&A, credit, etc. However, I have not had prof...
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I have read several posts from investors who are in one part of the country buying rental (buy and hold) property in another state / area of the country.
My question is how do they perform the due diligence to check...
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My wife and I have 16-18 deals under our belt and we are considering ways to exponentially grow our portfolio into multi-family. I understand the tax, legal and business constructs, but I am unclear on how to find the...
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Gut feeling is that 1031 Exchanges are a cheat code to scale a portfolio faster than one could otherwise. But I listen to all of the podcasts, read many of the books, and haven't seen/heard a solid strategy of how to ...
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Self storage popping up everywhere, what is the BP community thoughts on self storage in small towns? The town with less then 2000 people. Currently 62% occupied.
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For those of you who are running (or have a PM and know what they do) an STR, what exactly do you clean between tenants - especially when you have the single day check out/check in turnovers? Do you clean all of t...
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If you have not heard about the new ordinance that passed you can read more about it at the link below. In my opinion this is a huge hit to private property rights. For property owners in the below map area you now ha...