Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
Meghan McCallum
Seller Demanding Specific Performance
Hi, I was supposed to close on a 20 unit building and 30 min prior to close, during walkthrough, we discovered a foot of sewage in the basement of the property. The sellers claimed it was cleaned up but upon a re-exam...
Aaron Norris
How will 100% consumer financing change your game in 2015?
On March 2, BBVA announced 100% financing for consumers in low to moderate income areas. They are also willing to help out with up to $4,500. While I haven't seen the program's full details, I'm certain they will have...
Trystan Fuglseth
Jobs That Synergize With Value Add REI
Hey so i’ve got a question that I’ll try to make short. I turn 18 in 46 days and I’ll have 15k cash and 10k in motorcycles that I’ll probably sell. My long term goal is to become a full time value add investor. Buy a ...
Alejandro Tirso
First Rental Property Success
Hi All--I began delving heavy into real estate about 12 months ago after attending a "Ride Along" with a successful real estate investor in Philly. I learned a ton and took a bunch of value from that day, and somebod...
Carmelo Lopez
Are we headed for recession?
After 2 years of unsustainable growth, do you think the United States is headed for recession?
In June, the Federal Reserve raised interest rates and outlined a plan to shrink its $4.5 trillion balance sheet! Sign ...
Andrew S.
Proactively replace 1998 furnace that works fine and appears in good condition??
Good evening BP,I have a move out in one of my units that has a 1998 gas furnace that works great. No visible issues, haven't had any issues during the 5 years I've owned the place. Does anyone proactively replace fur...
Kenneth LaVoie
Plans and exit strategies
Hi --
I wanted to share my basic outline of my business plan here, and get some critique, if possible. I'm a little stuck on an "exit" strategy in that, in the interest of lowering taxes, I may NEVER exit, and instead...
Mark Ferguson
General HandyMan
I just found out my reliable handyman that I have met through college is moving in the next month. Any ideas on how to track down a good handy man ? I have a property management company in the Jacksonville, FL area th...
Don Nelson
50% Rule Expenses
So I'm estimating expenses and trying to figure out the 50% rule. I'm an experienced flipper, but moving to buy and hold. I understand the need for CAPEX reserves (5% of GOI) and property management (8% GOI), taxes,...