I’m in the middle of house hacking my first rental property and I’m thinking about my next move. I continue to hear stories of people driving for dollars and finding great deals. After going to many trials and tribula...
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
I working on my first BRRRR deal. I sent out a letter to a vacant property owner I found while driving for dollars. He answered my 2nd letter, and said he is willing to sell. I had a contractor meet me out at the p...
Hello BP Community… I’d like to request your opinions on a deal.I am looking to purchase a 4-plex. This property was previously under contract by a house hacker.Unfortunately, his financing fell through.But fortunatel...
I am hunting for insurance for my first two duplexes!After reading several forums posts and BP blog posts, I see that the main two methods people talk about are the Actual Cash Value and the Replacement Cost.I'm a USA...
Hi all,I bought a 1925 duplex on Metropolitan next to "the green store." It's in the Adair Park Historic District. After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...
What kind of insurance do you have on your rental property? (Multiplex) What does your insurance cover? How much are you paying?
While I know there has already been a vast amount of virtual ink spilled regarding Morris Invest, I still feel obligated to recount my ongoing experiences in an objective and impartial manner as to help other investor...
Hello everyone,This is my second post to this community. Finally closed on the 4-plex and been property managing for the past 2 months. The community, podcasts and most importantly the book Rental Property Investing b...
I recently made an offer on a duplex, it's 4bed 3bath front unit + 2bed 2bath rear unitcurrently rear unit is rented for below market price at $930, market is around $1100-1200, rear unit is in very good condition and...