Investment Info:

Single-family residence wholesale investment.

Purchase price: $180,000

Sale price: $216,000

Contributors:
Peter Vekselman

Partner Driven and Rodney Lomax purchased th...

Hello,I’m looking for guidance on if a 1031 exchange is applicable in my situation.I currently own a single family rental property that I’m planning on selling. The sale price will most likely be around $500,000 and t...

Happy New Years!  So I began to start looking into Schuykill County properties.  Mainly in Pottsville, Schuykill Haven and Tamaqua.  I currently live approximately 60 miles east.  The obvious play would be for the low...

New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...

Most of us are aware that Rent controls are a failed policy, reduces affordable housing and hurts the economy.  It can also lead to abuse by tenants and neglect of properties by landlords, as there's no incentive to i...

Hello,

I have been in contact with a loan originator regarding a property that I am interested in that has a manufactured home on it. I have not applied for a loan yet.

The loan originator said that they do not ...

Hello:I joined BP on June 25, 2017.  What a great find this community was.  It helped me learn so much and meet so many great people.Well, I closed on my first investment property today.  I went under agreement on Aug...

Hi everyone, I'm in San Francisco Bay Area. I have $300k heloc from primary home. I want to better utilize this money. I have two ideas:1. improve investment property with $150k, then the cash flow will be increased b...

Looking for a little help on the schedule E for Fiscal Year 2023. I and a partner are trying to figure out this best way to handle taxes for 2023. 3 units are being renovated currently, how do we know what cost should...

What process would someone recommend for finding a general contractor for a large (i.e. $1M) out of town rehab of a multi-unit apartment complex?