Caleb Clay
Tenants that don't check the minimum credit score box.
I have some younger tenants that are applying to rent a 2/1 from me. They said they have unpaid medical bills and that wrecked their credit. I was thinking of keeping 2x monthly rent for a security deposit to offset t...
Nathan S.
Home Office Deduction - Mileage
Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk). A...
Bernie Huckestein
BRRRR Re-fi in Maine
I've found a local bank who will re-fi a property after 6 months seasoning. Its a portfolio lender offering 30 year amort with fixed rate or 6.25 (first one I have found offering a 30 year fixed). The rate is a bit ...
Matt Pfefferlen
Auction.com listings for foreclosure
When do trustees opt to list on auction.com? The same trustee within a month had one house go through regular auction process and one listed on auction.com with in person auction. Only difference in the latter is it...
Amanda Thompson
Is 12% Management fee outrageous?
I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
Brandon Phillips
What can't I do? Licensed realtor
It's been a good couple of months as a new realtor. Working with 3 buyers currently and my first listing closes this week! I want to take on wholesaling, Brrrr's, fix and flips etc. However, I'm learning that because ...
Ysanne Isard
Cost Segregation and 4-family buildings
Is it worth the effort to do Cost Segregation Depreciation for a smaller 4-family residential building?
According to the IRS there are several methods of doing a cost segregation analysis, one of which is a '...
Julie Marquez
Today's Seller Financing Rates
Two years ago we purchased a single family home with about 18% down with a 5.5% rate. When banks were offering 3-3.5%. It worked for us and I considered the added 2% to be the benefit of getting owner financing. Today...
Arnaud D.
Feedback on an international deal
Hello Everyone,I have a proposal from a very good friend in Europe for a real estate deal. I'd love to hear your thoughts and feedback. There is a lot of 2 apartments available for purchase. Appraisal: One at 320k and...
Jonathan Lilly
Business Partnership Financing
A friend and I are looking to begin a rental property investment partnership. We have in excess of the 20% down payment for the loan between the two of us. I have spoken with a few banks regarding the financing of pro...