Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
I've sent out two postcard mailings now over 2 months to the same list of absentee homeowners in a particular are in the DC region, but gotten only 1 call (mailed 700 people each time). My list was generated from the...
Hey Everyone,I am an avid reader whom enjoys books that help me to grow and develop myself in a variety of ways! I'm curious to see what everyone is reading, and what impact it's making on your life? Whether that's in...
I keep reading on these forums comments saying how turnkeys are worst investment ever. How turnkey companies take all the profit. How returns are never what you expect. I am up to 6 turnkeys. Sure, I had problems with...
Hi everyone! Just joined the ranks here at BP and I continue to be amazed daily with the amount of information that is readily available at our fingertips. So much so, that I'm having a tough time figuring out where t...
I’m looking to do FHA 3.5% down on a duplex. Looking to House Hack, live in one unit, rent out the other. My only dilemma is I don’t have any proof of income. I do however have close to $30,000 in savings, and am aimi...
OK BP's community, out of curiosity, could a landlord or someone say looking for a roommate advertise that they didn't want to rent to a supporter of a certain political party? or politician (say Trump)? MY question...
... except ceramic or porcelain tile.I've been researching what to replace the remaining bedroom carpet with, and I've been looking for an alternative to labor-intensive ceramic tile.This property has a concrete slab....
Hi BP,Hope everyone is doing well as we get ready for summer. Let's cut to the chase- my team recently acquired a two-family home in my area, and we do a lot of our own renovations and all of the management. The prope...