Hello folks,
Starting out 2017 in new found hobby. I am in Bartlett, TN and very interested in buying/flipping houses and hoarding rental properties. Hoping to gain experience from you all.
Peace,
James
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I have a neighborhood Handyman doing a few odd things to improve one of the units in my triplex. The guy is a little unhinged but ultimately does good work. And it works that I can buy materials and pay him by the d...
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I am going through reports from my property management company and noticing some discrepancies with pricing from receipts. For instance, receipt for an item shows the total was $19.48 but I seemed to have been charged...
I have a potential tenant applied for my room for rent. She disclosed to me that she has bad credit due to her past (unknown, didn't tell me more about it), only been at her current job for 6 months, and submitted 2 e...
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Dear BP Landlords,I own some multifamily RE. I have some trouble lately, where my tenants don't turn off the light in the common area in the hallway or basemen after they stop using it. Do you ever run into this probl...
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Hello Everyone,I recently purchased a townhouse in the Outer Banks and am having some issues with the HOA regarding maintenance on the exterior of the property. It has cedar siding that is rotten and needs to be repla...
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This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...
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BEFORE/AFTER 100 16th Ave S AlbumThis was going to be a simple redevelopment. However, we discovered some major electrical issues and some very illegal plumbing "solutions" by the previous owner. We fixed them all ...
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I am a part time real estate investor (own a triplex I rent) with a W-2 job. I basically hate everything about my W-2 job except Mentoring employees.
I’d like to go into real estate full time in some capacity and w...
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I have a full time job and rental properties. I'm looking for ways to reduce my taxable and am looking into whether 1) I qualify for a solo 401k as a landlord and 2) whether it will help me reduce my taxable income. I...