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Cliff's Notes Below!We started our first rental this year... we turned our former primary residence into a rental and I had the help of a family member to do all of the paperwork. My help had over 20 years of prope...
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Hey BP community!Today I had to call the cops on some teenagers who were presumably skipping school and breaking into the vacant duplex next door. Quick reminder. I am house hacking a duplex at the moment and I moved ...
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A couple looked at a house I have for sale. They liked what I did and said that they have a house picked out that they cannot finance with their VA loan because of the house's current condition. I didn't think mu...
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2 bedroom 2 bathroom unit approx 875 square feet. In pompano beach Florida.Below is a picture of the financial breakdown. According to Zillow, this unit was sold in Jan 2005 for $135k. Built in 1981. Unit is in okay c...
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I am in talks with an off market seller that wants to sell the property, but would like to be able to stay in the house. It is an older gentleman that is not wanting to have to deal with the repairs, maintenance and u...
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I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...
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I'm a rookie investor looking to do my first deal. I'd be nervous with an auction but this is a little overwhelming...
[list]The resident has been in assisted living for some time now(he won't be moving back).
The h...
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Ive noticed not surprisingly that when I lower the expenses evaluating a potential rental house, its much easier to find a good deal that cashflows. In John Shaubs book "building wealth one house at a time", When h...
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Hey guys. Did my first analysis on a rental in my area yesterday and I wanted some people to take a look and tell me what they think.If you're from the Columbia, SC area let me know if the property taxes and insurance...
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Hello All, I am in the process of buying a rental property in Philly and I live out of state. We were to close today so I had my agent do a final walk through yesterday. When he got there he found that the bathroom o...