I am just about finished going through a roughly 2 year debacle with the local water company here (MDC). The story has a lot of moving parts so forgive me if it gets confusing, I know I was confused as this all unrav...
Hi all,I have a question about capital gains exclusion (living in property for 2 of the last 5 years). From what I understand, the exclusion is sort of pro-rated (e.g. if one owns a duplex and lives in one unit, then ...
Hi all,
I am a new investor in the US, still considering the location of my first rental purchase. I have been reading extensively and had come to the conclusion that NE Ohio, and especially Cleveland, would be the b...
Hi guys and a happy Sunday to you all.
I think there is a huge opportunity in Las Vegas right now especially with what is set to arise in the horizon. Here is a list of all things I have seen going on in Las Vegas. ...
In my area (New England), the majority of houses, (multi families in particular) are over 100 years old. If I am planning on buying and holding long term, what are some of the pitfalls of buying these extremely old ho...
Hello BP family i need your input and help on this one. My tenant bought an inflatable summer swimming pool mind you the water bill is covered by me. What do i do? 1. Ask for insurance for the pool2. Charge an extra $...
I've been looking for small multifamily deals. I found an 8-unit where the seller is renting 4 units short-term on Airbnb. The regular long-term units are getting around $400/month while the seller claims the Airbnb u...
Just finished my Second property using the BRRRR Strategy under my personal name. However ran into a issue with my credit which cost me some cash. It dropped about 85 points within 2 months. I leveraged accounts I had...
Hi, Fellow BPersSo, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for las...
I am fairly new to land-lording and this is the first time this issue has come up. In June I had two rental properties that had water leaks causing a high bill at one property ($217.00) and an extremely high bill (ove...