Many of the properties I've been looking at - in lower income type areas - have a few registered sex offenders on that same street. Is this an immediate no? Would you still invest in that area?I would feel pretty te...
I'm so new to this world and looking forward to the immense growing that will take place. Here to be a sponge and apologize if this question is silly to most of you experts, but that's why I'm posting, to hopefully l...
I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
My Mother just inherited $2M through my father's estate that she is looking to invest to create cash flow to live off of. She does not want to invest in rental properties, syndications, stocks, etc. She is completel...
Hello BP'ers,I am looking into investing out of state, specifically in Memphis and maybe Dallas. Has anyone had much success in this market? If so, what price points. I am looking into using one or a few of the turnke...
I am selling my primary residence (fsbo), and instead of fixing it up myself I'm marketing it as-is to local investors (basically wholesaling my own house) becuase I am settling on my new house soon and don't want ...
Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...
I have an accepted offer on a quad in Louisville. I thought I'd done a good bit of due diligence prior to the offer but since getting the property under contract I'm getting cold feet. I'll explain why in a moment, bu...
I own 1 rental property and was wondering if I need to go the cpa route. I have been doin my own taxes through turbo tax but this will be my first year with a rental. I bought the turbo tax for investment properties b...