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Hello BP members. I am hoping someone can help me out here. We hired a nightmare contractor to work on some rehabbing and while they were in the house they mangled one of the window sash cords on one of the windows....
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We recently purchased a home and one of the larger issues we came across is that we believe the seller had used their own hvac workers to 'repair' our furnace to get it into 'operating' standards. However, we had a ...
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Hi everyone,I'm looking for some advice. I have a duplex under contract in Bristol Borough, PA with a closing date scheduled for Nov 21st. Since day 1, the seller and listing agent have been extremely shady and not ...
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I'm having a hard time understanding the Pro Forma Cap Rate in the Rental Property Calculator. I have a property that I'm looking at and the pro forma cap rate comes out to about 8.26% with my after repair value at $...
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I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
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A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...
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Hi,I just bought two investment properties in the Tampa Bay Area. I was wondering if it is common for renters to bring their own washer/dryer or do most investors provide a washer/dryer?
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Hello everyone.I am in the process of getting my first rental and I have some questions.I want to open a checking account for each property I get. Should I get a savings account too?Once the checking account gets over...
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I am fully retired and have a small pension. I own 7 doors all of which are about 30-40 miles from my house. I am managing the properties myself and spend a good amount of time overseeing them (maintenance, cleaning, ...
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What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...