Troy B.
First Rental Property Closing In Days
I'm about to close on my very first investment rental property in about five days. It is a two unit duplex and one is currently rented, the other needs a few repairs and should be ready to rent in a month. The current...
Aaron Sims
Budgeting
I'm a new owner and trying to come up with budget on what I should fix now or put on the back burners.The building is newly painted but the front and backyard is nothing but dirt.I need a new roof, 2 2 car gargage ...
Burt L.
Getting Too Much Returned Mail -How Can I Update Addresses?
I have been getting more returned mail than usual lately - using a Listsource/County Assessor list and absentee owners. In speaking with customer service at Click2Mail, I was told I can create an account and run my l...
Eugene Beard
Norcross Quadplex Deal analysis w/Hard Money(Whats wrong?!)
Hello,I was looking at a deal doing some analysis including some Hard money calculations with refinancing after a year. I am 80% sure that I am doing something wrong here. I am using the BRR calculator and the number...
Luke Stone
Inflation Reduction Act Solar Panels - What’s Covered?
It is my understanding based on ITC Section 48, rental property owners can now take advantage of tax rebates to install updates. Additionally some of the costs such as updating the electrical panel and trimming trees ...
Zoran Domazet
Seeking advise on replacing cast iron drain line with PVC pipe
Hey BP fam! I recently purchased a 2 story duplex and will be doing a few updates over the next few months. I am looking to replace the cast iron drain pipe with a PVC scheduled 40 4" pipe. I am currently shopping aro...
Jacob Eikenberry
Knob and tube wiring
Anyone ever replace knob and tube wiring in a rehab? If so, general ballpark of what it costs to replace? I’m in Iowa office that helps with market cost. Thanks!
Cameron Turley
Update Electrical vs. Not
Hi all, Background:First time home buyer seeking some advice here. I recently bought a big value add property (FHA) in metro Atlanta that I am planning on doing a live-in BRRRR in. It is a ranch with 2400 unfinished s...
Nadav Ben Horin
Adding partners to a Single member / Disregarded Entity LLC
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...
Jamaar Brown
New member looking for gudience
Hello all! My name is Jamaar and I currently have one rental property here in anchorage Alaska. I’m currently paying off some debt so I can buy a duplex soon, and I had a few question if anyone can help me out I would...