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Results (160)
Deb L. Special assessment -expense or depreciate?
4 September 2018 | 8 replies

I have owned a 30-year old condo for about five years that I have rented out the entire time I have owned it.  The roof is original, has been patched but still not fixed.  The condo is doing a special assessment of ab...

Michael Swan Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
24 April 2018 | 240 replies

Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow.  Would you h...

Dulce Beltran Buy a Tesla Model 3?
7 November 2021 | 213 replies

I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....

Billy W. Have a seller and a buyer
8 September 2010 | 5 replies

I have come across a woman who is willing to sell me her mobile home for very cheap (decent home, clean etc) and I have already found a buyer for it.

Do I need a license to buy / sell this mobile home in Missouri?

I...

Richard Lindman Self Directed IRA - Accessing for funding deals
10 May 2017 | 11 replies

Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's.  It would be considered a prohibited transaction.My solution is to find other investors with a Self ...

Matt B. Why is everyone against paying for a seminar?
4 February 2014 | 186 replies

Please read my post before answering willy nilly, but I was wondering why is everyone here so against paying for real estate educational information?

I will preface to say that there are quite a few hucksters...

Jay C. Are Realtors days numbered?
8 May 2016 | 145 replies

I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...

Teresa Ramos ESA - Landlords vs Colleges vs Airlines
18 December 2018 | 2 replies

I have been trying to learn as much as possible about the topic of support animals, ESA, or otherwise and looking at how different groups are approaching this.  We need better policies and understanding of the law, or...

Rich Hupper Tax deductions and Loan Qualification
18 September 2017 | 5 replies

Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...

Becca Flim Business Bank Account vs Personal Bank Account
20 December 2022 | 13 replies

Hey BP community! 
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...