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Results (7650)
Account Closed Is a detailed contractor bid asking too much?!?
12 October 2016 | 24 replies

Hi Everyone -

I recently joined the BP community and I am looking forward to networking with like minded people.

My partners and I have recently purchased 3 properties in the Philadelphia area. As part...

Bienes Raices Water heater -- depreciate, or treat as a repair?
10 September 2015 | 37 replies

I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...

Ryan Keenan Using a fha loan for the first time while already having 2 mortga
20 March 2017 | 30 replies

I have already asked this question a few months ago but sitting here on the couch something dawned on me.My original question was can you qualify for a fha loan while you already have TWO other mortgages that are NOT ...

Anthony Antonacci Self-Managing a Small Multifamily
16 June 2018 | 9 replies

Hi BP Community,I am evaluating a duplex in the midwest as a long-term investment property. I will NOT be living in either unit but live in town and plan to self-manage the property. This would be my first investment ...

John Woodington Non-Homestead Clarification on Rental
17 April 2019 | 13 replies

Hoping someone here can clarify this for me.  I searched the forums and couldn't find much.  For reference, I live near Minneapolis, MN.I'm looking to turn my current home into a rental property when we move out.  I'v...

Dustin Morgan First Spec
25 July 2015 | 8 replies

Please give me your opinions.I'm working towards my first spec build.  The first few are going to be hard to fund so my plan is to start small.  I have purchased two vacant lots, one with cash for $19k and the other i...

Richard Frazier How to accurately gauge rehab costs
7 July 2020 | 3 replies

As a beginner wholesaler one of the key fundamentals of my role is estimating rehab costs. Being only vaguely familiar with the rehabbing business I could end up giving hit or miss estimates and this is something I'm ...

Chad Statham Any forms or templates available for Promissory Notes
16 April 2018 | 11 replies

I am using my SD IRA and need to create a Promissory Note secured against Real Estate.  Does anyone have any resources or examples of such a note for Texas?  The custodian also ask for a Mortgage, HUD/Settlement State...

Kyle Moore BRRRR + Airbnb (short term rental)
14 January 2022 | 13 replies

Any success stories combining the BRRRR method and Airbnb? This is a topic I do not see discussed here very often. I have two Airbnb properties that cash flow phenomenally. More than double what a long term tenant wou...

Marija Sparano SDIRA custodial referrals
20 August 2020 | 15 replies

My husband and I are interested in investing in a syndication as limited partners using his IRA from his old job. To do so, we need to transfer his money to a SDIRA account.Can anyone refer a great custodial we can wo...