John Taylor
Has anyone drywalled a doublewide/manufactured home.
I'm just curious if anyone has replaced the wall panels in a doublewide with drywall and later sold the home. Do you think you broke even on the cost, made money or lost money. (Why do these manufactures use wallpaper...
Bob Malecki
Non borrower occupied not to borrower occupied?
I'm working with a seller of a note who is selling a note on a SFR in N. Carolina. He sold the home and carried paper to an investor who bought it for a rental. We are looking to buy the note but the seller just infor...
Michael Perreira
Creative financing to acquire investment property.
Does anyone have experience using existing properties as leverage/lien in order to acquire a new property? I understand I could cash out refi but with time lines extended, banks tightening standards on cash out, and...
Steve N.
The Standard Deduction exceeds Itemization
I have 2 rental properties. I have mortgages on each and am depreciating each. I am taking deductions for everything including travel (relatively local) and meals, plus the obvious like repairs, cleaning, etc.
...
Shawn Callan
Who writes the contractor contract?
New investor here, I am curious who generally writes the contract for the contractor? Do contractors have a standard contract they use with their set terms? Is that something as an investor that you can write f...
Paul Balyoz
Optimizing time spent with bills, statements, receipts; paper vs electronic
As an owner-landlord of 20+ single family homes across 3 states now, I am spending an inordinate amount of time handling bills, statements, receipts and other paperwork, both in physical-paper form and electronic. I p...
Sai T.
Backsplash tiles and Drywall paper paper
I’m trying to remove the old backsplash they are at least 20-25 years old.It’s coming out with the drywall paper. I tried to break it but it’s coming out with drywall paper.Do I need to install the new drywall or repa...
Nadir M.
Tenant doesn’t want to place TP in waste basket
Hello BP,
Wanted to get everyone’s opinion on what they would do in this situation. My current tenant said that the toilet is clogged again. Had it opened about 3-4 weeks ago and the reason was too much TP. I told hi...
Patty Tran
Clarification on umbrella policies
I see numerous threads on umbrella policies here, but I am still not 100% clear. Few questions.1) Does the umbrella policy on my primary residence also cover any rentals I own? I think the answer is it depends on the...
Brandon Montgomery
Does your first rental really save you on taxes?
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...