Alex Heifetz
On Due Diligence and Turnkeys
Hi there,I am soon to visit several markets where a handful of turnkey providers will lead tours of the neighborhoods they operate in, their renovations in progress, and their finished product.In doing so, I hope to g...
Jake Mires
Owner carry or lease option?
I have an interesting situation I need help with! I have a house I want to purchase, I've talked to the seller who just wants to get it off their hands. I suggested this- I pay them $1,000 per month for the home, and ...
Account Closed
VA slumlord problem issue with landlord
Hi I have a slumlord in the state of VA and I refused to pay him rent on April 6th. they considered it a dwelling unit and can qualify for opting out of VRLTA VA 225-55.01 if they expressively write it in the lease. ...
Justin C.
Tax question regarding receipt filing and record keeping best practices
Hi BP, I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015. My tenant just moved in. Property #2 closed mid Feb 2015 and should be...
Patrick Philip
Home building and taxes
I'm building a house intended to be sold for profit. The house is still under construction at the end of the year. If I'm $250k worth of expenses into the project, do I write those expenses in this tax year? Or do I m...
Robert Salazar
Appraisal stage of BRRRR
Would you recommend your realtor agent or property manager to be on-site when the appraisal process is going on ? Recently renovated a property in KY, and can't physically be there since I live in NY.
Akshay Bhaskaran
Approaching off-market properties
Hello BP community,I recently got a Propstream subscription, and pulled some interesting lists in my County. Like - Pre-foreclosures, High equity, Tired Landlords, Tax delinquency etc. Then, I used Skiptrix to skiptra...
Nancy Tran
Investment in condo for Airbnb rental idea?
Hi! I’m brand new in real estate investment. My parent and I decided that we wanted to invest in a condominium with ocean view at Kihei, Maui. We wanted to do all cash down payment for property around $400-$500K.We li...
Gary Stark
Reading Brandon Turner - Rental Property Investing
I am very new to RE investing and reading the above book. His first example "Plan" is to buy a fourplex. He assumes he puts down $16k and $4k for repairs. Total investment is $20k. He assume each unit produces $2...
Clif Charles
Hardmoney to traditional
Has anyone delt with a hard money lender then financing at the end to a traditional bank? Was the process difficult, would you do it again? What are some things you learned. I am thinking about using hard money to fu...