Joshua Michael Hauman
The 19 Secret Expenses That Could Sink Your House Renovation Profits
Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
Jason Sung
Rental property loss toward W2 income
Hi BP community. Last year, I bought two properties and they had losses. My CPA used the loss against my W2 income Is this a normal practice? Based on a BP episode I listened to recently, this is only OK when I (or my...
Simon Obas
Should I walk away?
Greetings. I just got an inspection report back for a 3 family I’m in the process Of buying. Please see a brief excerpt of the report below. After reading it, let me know if this is a deal breaker and if I should walk...
Chris Hock
Combine rental biz with a non-rental (non-passive) biz for tax?
Say I'm a freelance consultant in a non-RE related industry where I bring in a lot of income but have very little tax deductions. Say I also have a rental property that is generating low income but it has a lot of tax...
Pamela Williams
Cleveland Lead Paint Laws for Landlords
Hi there. Can someone please explain briefly how the Lead Safe Certification in Cleveland is impacting landlords? I am finding plenty of information online about the program but nothing explaining how it is directly i...
Joy Funt
Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Dan Costantino
Rental in the wrong entity. Should I transfer?
I have a house I was going to flip. I am now going to keep it and rent it out.It is in my 'active income' entity. I've only done 2 flips in this entity, and it's not tagged as a dealer yet, but it will be some day.I...
Stephen Dillard
Comps....
I am finding a lot of properties that I would like to contact that are more on the distressed side. Some of these properties are Fsbo. When speaking with these sellers, which comps are the comps that I'm basing my c...
Kyle D.
Hotel investments
I was looking at the hospitality indistry today. A holiday inn express in a good vacation area makes about a $1,000,000 after debt service. Any you can get the place for $10-12 million. Is anyone involved in the hospi...
Jorvon Smith
Flipping Cleveland
Hello BP family,I currently live in SoCal, however I am trying to wholesale and flip in other states, particularly Cleveland, Oh. I am not familiar with the Cleveland market, but my inbox is being flooded with Clv lea...