Jon Elson
Pro's and Con's to 15 vs 30 yr. refi on personal residence
I recently did a rehab on my personal residence. Instead of selling, I will refinance, get cash out to pay off the refi and put myself in a zero debt position (except for the mortgage) to allow easier lending on inves...
Jason McGuire
What Makes A Great Property Management Company
I am full-time Property Manager/Broker in Florida and manage approximately 350 SFR's. Would like to get your thoughts. So I read a lot of posts that seem to indicate that the quality of Property Management companies i...
Michael Germinario
Cable Wire Hanging from Roof - What the #$%&?
Hi BP!I noticed a cable/wire hanging off my roof yesterday and I think its connected to a Direct TV satellite dish. It looks awful and I want it removed. My question is could this cable be anything else, or is it de...
Aleksey F.
Cracks & Bowing Plaster - Repair Question
Hello everyone,Making my first offer on a property and a first 1st post here! This is a 1935 duplex that I will rent out. Having a tough time estimating the cost of plaster repair (cant bring a contractor until after ...
Frank S.
Depreciation Method Error - SL vs 200DB in 2017 Sch. E.
Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances". The following year, I used the ...
Alpha Diawara
Balloon Payment
Can anyone explains to me please how the balloon payment worksThank you
Robert Spencer
It's official, I'm addicted
I know I already posted an introduction, but I wasn't sure where else to post this. I'm addicted. I love this process of taking a complete dump that has been neglected and turning it into something nice. I love the...
ROBERT DEHAVEN
Making lots of offers
Hi all -
Newbie here. Pursuing a fix and flip strategy...looking for the first deal. We have made a few offers in the last few weeks but keep whiffing.
I gather that this is pretty typical for a lot of folks in...
Nate Baumann
Old House Disclosure Statement
Hi, my name is Nate and I am new to BP and new to rental real estate. I flipped a few homes and have decided to try a longer term approach. I am close to closing on my first deal involving 3 multi-family homes that we...
Ben Bakhshi
Buying a note that is late in it's straight line amortization schedule
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...