Nik Moushon
Tax strategies for rentals
I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...
Khizer Husain
Estimated cost to make Lot Ready to accept new Vacant homes
Come across a nice small MHP. The lots are ready. However, some need new electric poles, some need sewer line repair, some need water line repair, some need tree removal/trimming. It would be rare in any park to be ...
Account Closed
Sewer Line Repair
What have your experiences been with old sewer lines? When have you decided it is definitely necessary to replace them? I have a unit that was really backed up and likely hadn't been serviced for years and years. A...
Scott R.
Main sewer line replacement..
Im sure tons of you have replaced your sewer line yourself.. hopefully.. lol
bout to tackle this project myself and hopefully save several thousand dollars.. just wondering if anyone had any advise they'd like to shar...
Adam Craig
Should I switch my deposits to a small bank?
I have banked with Chase for most of my left. 4 checking accounts, 3 credit cards, 1 line of credit all under one roof is nice.I do have lines of credit with 3 other banks but I dont keep deposits with them.In attempt...
Rich Vogt
what's up with indymac/loaCare servicing
Used to be in constant contact with the negotiator. Did BPO in mid October. Started calling negotiator back 2 weeks after that. Phone just goes straight to voice mail. Spoke to others in the department the only answer...
Maroof Mohammed Farooq
How to verify inspection items that will be addressed by seller ?
Hi BP community,I am currently in contract on a property where the seller has agreed to address all items from our inspection objection. What is the best way to verify that the work was done per our contract before cl...
Eric Cybulski
What are the consequences of a cashout refi on an investment prop
Here is the situation. I have an investment property worth about 150k and a loan for slightly less than 50k. The property is currently financed at 5.125% int rate. I am considering doing a refi to lower the rate a...
Jered Collins
Question to recaptured depreciation and capital gains tax
Perhaps this subject has been discussed in depth before but I want to reinvigorate the importance of understanding the effects of recaptured depreciation and capital gains tax on sale of multifamily properties. I've ...
Kevin Engler
KC Property Managers
Hello BP-
Making some progress towards landing my first deal in KC! Curious to learn of any reputable PMs in the area. Looking through old threads and haven’t found any names that investors have really been pleased w...