Dean B.
California Development - Unique Negotiation
Hi BP community, I've posted here before with some really great answers from a lot of really experienced investors. I would love to get some feedback as I'm approaching a negotiation that was unexpected. whether or n...
Jim Robertson
Background checks without an SSN
Does anyone know of any places where I can run a background check on an applicant that doesn't have an SSN. They have a drivers license through the Mexican consulate, and permanent resident status (green card). Smart ...
Harshraj Thakor
What's the best software/way to collect rent for house hacking?
Hi, I live in Charlotte, NC and I am brand new to house hacking and real estate I have 4 rooms in my house to collect rent from and I am looking for the best software/way to collect rent/manage the property. I need a ...
Lance H.
How can a Financial Planner help a RE Investor?
Hi Everyone,I'm hoping to get some opinions in regards to financial planners. As RE investors what are you looking for in a good Planner? What skills would they need to bring to the table or what problems could they...
Sam Bromano
Refi a rental to cash out but go negative cashflow?
I have a SFR that I put down $50k on about 10 years ago. It’s been cashflowing $500-$600/m. I have the opportunity to cash out refi now and receive a max of $180k cash out after fees . That would put me negative $150/...
Jack B.
Check my numbers, thinking of eating the tax
Lived in it from2013 to 2015, then rented it out until 2018 at which point I moved back in for 2 years. Total time rented, about 4 years, total time lived in, about 4 years.Bought 145K plus 5K closing costs, sold 416K...
Aubrey P.
Biden Executive Order
As a landlord, who relies on credit scores and other pertinent information to vet renters, I’m concerned about Biden’s latest Executive Order. He’s looking to try to ensure racial equity by a change in how credit repo...
Derrick Lumsden
Depreciating HVAC Boiler
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
Edmund Fontana
W2 Income and Rental Depreciation
My wife and I make over $150,000 with our W2 jobs. Tax accountant basically said we make to much to write off the depreciation of our rentals. Can someone help me understand this and is continuing to buy rentals even ...
Shane H.
How to structure Profit Sharing w staff/employees????
Not sure if this is the right forum for this or not. Our ALF business will end 2018 doing better than i expected. I'm owed a lot of cash at this point - didnt blow it out of the water I'm sure by some folks standard...