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I am under contract to buy a bank foreclosure that was built as a duplex but was made into a single family. I could close a few walls and it would be a duplex again (plus other work to rehab). The problem: The hous...
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Hi BP community! First time posting here but I've been following the BP community for a while. Found a deal in NYC, in a relatively stable area. Next to a hospital, businesses. Lady is selling because she bought anoth...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $15,000
Our first out of state buy and hold. Purchased with an existing tenant and currently...
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Hi, all. I just closed yesterday on my second SFR with inherited tenants who have been there 5 years. As of today, they have not paid rent for the month ( was due on the first). We tried getting the previous managemen...
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I'm an experienced engineer, RE agent and investor. I've been sending direct mail - postcards, yellow letters - and have yet to get a property under an off-market contract after 10+ owner / seller meetings. (Sure, I'm...
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I have a band who's been renting a row-home from me in downtown Baltimore for 4 years, their neighbor has a 97 year old mother with dementia and has been threatening to sue them and for me the noise when they practice...
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Looking for sage advice from experienced multifamily property investors? What is the most important lesson you learned from buying your first multifamily property?
Hello Everybody,
I am not sure if this is the correct forum.
However, does anybody know if a drone can be a tax write off? I purchased one so I don't have to climb a ladder and check the condition of the roof and ...
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Any accountants familiar with the GO Zone depreciation credit? I have done a lot of research on it, but IRS can be somewhat difficult to interpret.
50% instant depreciation could make a huge difference to investors....
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As most of us saavy investors and landlords know, a foreclosure no longer wipes out a lease.
Keeping in mind the Protecting Tenants at Foreclosure Act that was signed into effect in 2009 which, assuming the lease was...