Hi BP, I’ve gotten several calls from clients on this topic over the past few months and thought I’d touch on it here. Here’s a Thursday tidbit for the community. When it comes to termites and investment properties, d...
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BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
If you have a termite inspection and the foundation is concrete but slight termite damage should I be worried?
Hi guys, I recently purchased a SFH in Northern NJ for a flip and I am looking for a a good 1031 exchange broker to work with on the resale. If investors have had a positive experience in Northern NJ, kindly connect ...
As I gain a better understanding of this business, I relate it to mine (auto finance). In my industry, we utilize a reinsurance company for add on items (like warranties). Is this common with this industry?
EXAMPLE...
Hello BP, I just got below email. I'm n last 7 months Tenant paid the late fees 3 times! BTW late fee is $75/-"HelloI will be paying my rent Friday 5/5 with late fee attached I paid my sons last cancer treatment so I ...
Cashflow has been a tough find in the Phoenix market for a while now. The crazy amount of appreciation combined with interest rates rising that seem to be steadily rising since the summer of 2022 making it very diffic...
As an out of state investor I am dependent on my property manager to update me on status of property. We talk regularly, but that doesn't mean I am always fully aware of any potential deferred maintenance or tenant tr...
HI Everyone,
I hope you are all ok during this challenging time.
I am considering investing in properties in the US but I am a non resident and living in Ireland. Any advice on how I can proceed? Should I create a c...