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Renting during covid-19 times
Hi all, we have been renting out unit for past 5 years. We had good tenants more or less. Our last tenant however gave us some hard time during this pandemic. He used up all his security deposit and made us reduce his...
Justin McFarland
Purchase rental property with a pool?
I am curious if a pool with a SFH is a valuable item for renters. I would hire a company to maintain it but I am not sure about liabilities that come along with it. I am curious if anyone has experience with this subj...
Eric Torres
Development profit margin
I have land in Northern New Jersey with approvals to build 18 residential apartments with 1 small retail space. I purchased the property with the plan of getting zoning/planning board approvals and selling the projec...
John Lorince
My First Rental In Cleveland, Ohio
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $100,000
Cash invested: $3,800
My first rental property.
What made you interested in investing in this typ...
Michael Shea
DTI: Rent by room income on schdule E
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
Scott Showers
Results From Direct Mail
I'm curious as to the success rate of everyone's direct mail campaigns. Do you use postcards or letters?How many do you send per month?How many times are you hitting your list?What is your response rate?How many deals...
Chris A.
HELOC on Rentals in California
Hello everyone long time lurker here. I'm curious to hear if anyone had success with doing HELOC for rentals/rental portfolio in California. Thanks in advance.
Jackie Linne
Taxes question for LLCs
I recently created a Single Member LLC, mainly because I don't have trusted partner(s), so I didn't have a choice.Is it true that SM LLCs do not have to report federal taxes and all profit/loss activities should be re...
Jacob Maes
Pros to Owning a Condo?
I have been approached with buying a condo in an up and coming area close to Dallas, TX. I think it's located in a great spot and would easily be rented. However, I've never owned one and curious if they are a good as...
Lori Thebodeau
Finally saying hello!
Hello All! I have actually been a member of BP for a while now...however it always seems when I do get some time to myself to jump on here I always get "caught up" in reading all the awesome info that can be found her...