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Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
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I have a 1957 3 BR/1.5 bath ranch house in the Belvedere neighborhood of Decatur / Atlanta, GA. The original sliding door going out to the deck may be beyond repair, and I'm looking for ideas on how best to spend $$ ...
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Debt service should be no more than what percentag of income.
I'm looking at a 4 family and the debt service is about 1200 hundred total and that leaves room for about 50% for expenses LOL...
I'm not interested in bu...
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Who does what and what are the pros and cons?
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You find an awsome deal and walk into the place with a stride of confidence and your REA and you're talking about how to fix it up and the expenses after purchase. Home looks great havent made an offer but will make a...
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My brother and I own a property together. It is currently in my name but will go into our LLC eventually. He is a GC and does the work needed on the property and owns a masonry business as well. We had some problems w...
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After 10 years in our current home we have simply outgrown it and are moving up. This is a perfect opportunity to "obtain" our first investment property and as such we intend to sell our current home with owner finan...
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I am looking at a multifamily house built in 1925 with a sandstone foundation. The basement is damp as I would have guessed and dehumidifiers were in place. Of course, we have just had a major storm. I am not sure if ...
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Hello, I am trying to determine whether the interest on a cash out refinance for an investment property is tax deductible. I know on your home if you do a cash out refinance that you have to spend the new delta of loa...
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What do you all use for saving receipts, I started using Smart Receipts, an app, then found out they do not save items for you when you get a new phone. I am able to save and back them up to my computer but thought th...