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Greetings BP family.
I am gearing up to turn around one of my rentals. Previous tenant notified me that he will be moving out-of-state soon. So I have a bit of time to plan and hone my screening process.
This will b...
I found a new tenant for my property . Upon signing the lease she provided me with a security deposit . She did not have the security deposit so she had to get a check from her mom . One week later it's almost time ...
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Hello BP Network,
I am so excited right now. My brother and I have been studying wholesaling for about 2 weeks now and just today, we got our first break. I have another full time job and when driving home today, I d...
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Aloha! We're considering transitioning our primary home into a rental and need advice/ideas on how to improve our (older) home's curb appeal. We're not looking into turning it into prime flipping condition, but we wan...
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Hi! I am very close to closing out on my first rental property. Besides a few tweaks, home is move-in ready. I want to get a “checklist” of what I need to do next in terms of the legal side and paperwork to get this t...
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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I'd like to hear from anyone investing or invested in the Cleveland rental market. I'm looking into purchasing a duplex or two in the Cleveland area for long term rentals.
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How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
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I purchased a residential lot several years ago and was planning on building at the time. However, it is now for sale. We have been paying a quarterly maintance fee since the purchase in 2004. The HOA is now wantin...
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Hello everyone! Does anyone have any advise working with hard money lenders? Looking to do the Brrrr Strategy.Thanks,