I've seen a lot of spirited arguments over a REI responsibility during the onset of this pandemic. As a property manager for over 300 units, many of whom are owned by investors with 1-2 properties to their name, I do...
My parents have a rental property that they are trying to sell in Pennsylvania. They currently live in Idaho, but are going to be moving in a year or two to Arkansas or Missouri to find a place to retire. I currently...
Hey BP!Could really use your advice on this one. I purchased a duplex property and inherited tenants (a couple) in one of the units. They had lived in the unit for 18 years before my purchase and I have now held the p...
Hi all,
Can someone please explain wholesaling to me? I have very little info on the concept. I have purchased 5 properties in the last 2 weeks and I am thinking I may want to flip 2 or 3 or them to another investo...
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
I read this quite often: 'should I self-manage my property or hire a professional property manager?'
It's understandable why many investors and/or accidental landlords would opt to simply self-manage. Among other con...
My wife hates our CPA. We don't get much advice, he's disorganized, and the last straw was him sending out a group email to 200+ clients exposing everyone's contacts! That's like a 1998 internet mistake. I would never...
Old Portland duplex with single water line. Have owned many years and always wanted to add a second line but the cost.Would you EVER consider spending $17,800 to save $2493 per year in water cost? We do know that wat...
I want to make sure I got the full understanding when it comes to Partnership Financing. Please if anyone can fill in the gaps. 1.) Fully Equity Partnership is mainly used when flipping Houses. You use the funds of...
Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...