James Bronze
Waterloo Student Rental with 7 bedrooms
Hi,
I have recently purchased my first student rental property at Waterloo which is 1500 sqr feet with 7 bedrooms(3 second story, 2 main floor, 2 basement) and 2 bathrooms. It was after i purchased that i started rea...
Vladut Bujoreanu
Deal analysis software on a grand scale - help
Hey Everyone! So I need some help. My deal analysis all started with a simple excel sheet I started. It was all going great, I was able to analyze everything in depth and understand the numbers to everything. As my in...
Matt McMacken
Payroll Protection Program: CARES Act
So I’m a Controller for a small construction firm (>25M) in New York. All construction is limited to essential construction only which effectively put an entire stop on our operations. With the passage of the CARES...
Katharine Valentino
Selling a House, Carrying a Note
If I sell a house and carry the note, I understand that the capital-gain percentage applicable to the sales date will apply to the down payment. After that, as the buyer pays each month for succeeding years, will the...
Alonzo Moreland
Do I need a virtual office for business credit
Hi everyone,
I'm developing my RE investing business and as I'm looking for deals I'm also working on getting business credit for my RE investing and expenses. I've applied for my LLC, EIN and working to create a we...
Dan Burstain
Investors and Landlords- Texas has a rent relief program
Texas has set up a rent relief program. If you want to slog through it a press release is below, but the important information here and feel free to share:
Beginning February 15th, applicants can submit their appli...
Mark Stice
Owner Financing or a Lease-Option?
I recently verbally agreed with a seller in my neighborhood to purchase a townhome from him for $130,000. As I understood the deal, he would finance the purchase and I would pay him $700 (542 in interest and 158 in pr...
Frank S.
Chicago Winter and Drafty Windows
HI BP Nation, How do you handle old drafty windows?This is tricky, for I can't assure to completely seal the old windows. Maybe I can offer to pay for some materials. I would gladly pay for something like this:htt...
Mike Eichler
What are some books that inspired you Real estate or investing
We have all heard of Rich dad poor dad, but what are some of your guys's favorites. One of my all-time favorites is Essentialism, by Greg Mckeown, the book completely changed my life, the biggest thing it teaches you ...
Gagan P.
Depreciation Carryforward vs Standard Deduction
Just had a random question pop up into my head.
Given that the IRS requires depreciation to be taken each year, what if a person's only income is rental income, and the AGI, is below the standard deduction amount. Ca...