I am Living in my house and Remodeling it, getting it ready to rent out and then I will buy another fixer upper.I need some advice on a strategy to be able to use all the materials in the remodel as a tax write off.I ...
Hello BP, I’ve been investing for just short of a year. I have 4 doors in Manitowoc County and looking to get into the Sheboygan, Calumet county areas. Like most people, One issue I’ve been having (major headaches) is...
Hi BP. I'm actively looking at properties in need of work in Fitchburg (varying levels of construction) and was curious if anyone would have any reliable contacts for contractors in or around that area? I don't want ...
That’s the question on the mind of every homeowner or investor who's thinking about undertaking a project to boost their home's resale value.
If your current home is not a home you plan on staying in f...
I have a 9 unit property under contract and it is currently all rented with reasonable income based on the condition. My question is, the current owner does not have any leases and very minimal security deposits. Sh...
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Of the little marketing I've done so far just about all the responses I've received have been from absentee landlords of properties with tenants who will either finance no more than 70-80% if at all and won't take as...
I am currently house hacking my house and it is a duplex. My house is not 100 years old and has wood siding on it.I replaced a couple of pieces from dry rot 6 months ago and now I have a couple more pieces. Easy fix. ...
What percentage should be set aside for property maintenance for single family residential. Some people are telling me 10-12% for Property Management and 10% for maintence/upgrades. I pay 10% for PM now, and don’t g...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $67,000
Cash invested: $28,000
I bought this property after it had sat on the MLS for a few months. I made a very l...