Brendan Done
Debating on my first rental
My wife and I recently put money down on a new construction. We are looking to refinance our current home to pull out equity for the down payment and then keep as a rental. Based on the market we believe we can make c...
Bharath Raj
Bought my first medical office building
I bought my first medical office bldg in Houston. It was listed for $750000, but I was able to acquire it for $600000. It's 5100 sq ft. There is one tenant who occupies ~1500 sq ft. I get a rent of ~$19/sq ft (NNN lea...
Bill Briscoe
Do you issue 1099s?
I read that landlords are exempted from issuing 1099s to contractors and laborers. Does that apply to buy and hold rehabbers as well?
Steven Bays
Hello from Cincinnati, Oh
My name is Steven Bays and I am excited about finding this site! I am 25 years old and just bought my first house for me and my soon to be fiance. We bought a duplex in Cincinnati and absolutely love it. My dream i...
Lukasz Boczniewicz
Brrrr deal back when we didn't even know the term 'brrrr' yet.
Investment Info:
Single-family residence buy & hold investment in Beverly.
Purchase price: $16,500
Cash invested: $35,000
3 bed 1 bath SFR, bought of the MLS. It was sold as an REO.
Interior wis...
Ryan DeLange
New investor in Tucson - hello out there!
I am an new investor in Tucson. I have bought a couple of townhouses in Green Valley where my mother lives and I'm looking for properties to buy either in Sahuarita or Tucson.
Thing is I only have a couple of week...
Andrew Oladipo
Year End Review - What do I need for Tax purpose?
I have a contractor work on a variety of small fixes when I bought my first and only rental units. Total cost was $1500. Do I need to issue a W2? What other tax information can anyone share.
Thanks
Tyler Shawn Malan
Saving money on taxes
I bought my first home in April of this year (2020). It is a single family home and I am currently house hacking by renting out the 3 other rooms to some friends of mine. The home is my primary residence. My mortgage ...
Lawrence Hopkins
contaminated property Legal
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
Steven Cheung
Lurker turned poster from New York
Hello everyone,I found BP about a few months ago by accident when I was looking for RE advice on rehabs, and have been lurking the forums since then, plus listening to the podcasts whenever I can. I have to hand it t...