Steven Hershey
Financing Issues under 100k
Good Morning BP!
My wife and I have been trying to zero in on our first rental property! We are located in Lancaster,PA and have been looking in the surrounding city's for our first property. York,pa Reading,pa Lanca...
Chris Seveney
Trust, But Verify: Why the Fine Print Matters More Than Promises
Ever heard the saying, “It’s not the big words but the small print that matters”? Well, it couldn’t be truer in the world of investing. I’ve seen a bunch of posts here over the past six month on BP where people seem t...
David Dickerson
Insurance for Vacant Property
Hey Smart Peeps!anybody have suggestions on insurance for vacant properties? i've notice local reps don't get too excited about our vacant houses (when we're remodeling them to flip). So far we've used Vacant Expre...
Lisa H.
Buying a house with a tenant that has lost his job
I have just been notified that the house I am in contract with--that currently has tenants renting out--has been late with their rent for the last 3 months due to a job loss. I just got confirmation he got a job but o...
Irv Rollman
QuickBooks - Looking for Resource to get Set Up
Well, I just bought my first rental property, and will have it leased out shortly. Now it's time to set up the accounting. I have a copy of QuickBooks (2015) from another business I own, and would like to use that. Fo...
Kevin Dang
Appointment commitments
It seems that for every 10 callers who want to have a showing, only 1 actually comes. What are your strategies to make sure they come and not waste your time?
Giang Nguyen
Profit Sharing between Partners and Tax Deductions
Hi all!I recently bought a duplex under my name that needs to be rehabbed. My boyfriend is helping me out with being the GC and also doing some of the rehab himself. I'm financing the deal, helping out with the design...
Noah McPherson
Financing Options for BRRRR
Hello BP, I'll keep this simple. Can you guys open my mind to financing options for newbie BRRRR investors? I currently own one rental I bought off the MLS.
Mark Douglas
do you prefer to have more cash or more equity?
hey all, so I've been house hacking a duplex since 2016 and it's finally time to sell. after the loan payoff, commissions etc, I should clear 170k. it won't be taxed according to my cpa.I'm going to buy a SFR for my...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...