Good morning everyone!  So, I am just getting on a few mailing lists to receive tapes of performing, non-performing notes to bid on etc....     I got one the other day which puzzled me.  It states that it has an REO t...

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*This link comes directly from our calculators, based on information input by the member who posted.so, i know we don't buy a house just because there is a pool table in the basement. (an...

$17500 purchase price (cash)$35-45k ARVCould use paint, laminate floor in the kitchen and bathroom, a stair needs to be fixed, and some of the carpet is old, but certainly not nasty.  Smoke free.  Appliances included....

The New Orleans City Council is proposing to make landlords register all units with the city, pay a per unit inspection fee, and allow periodic inspections. Let's enforce the existing laws that we have in place to cle...

Hello everyone I am in the process of purchasing my first investment property. I have been a silent investor on multiple properties and now am ready to take on my own. I wanted to know if anyone had a good Property An...

Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question.  I am trying to find out what capital improvements go in which bucket for cost segregation d...

I have a portfolio of 11 rentals in Kansas City (I live in Ca).  My PM is competent.  I have done make readies/rehabs for all of them through a contractor, and the PM walks the properties when he is done.  Over the ye...

Short summary of the situation: A friend of mine would like me to loan him approx $32k which he needs as a down-payment for something. I have a pretty good general idea of his financial situation and I know that he ha...

Howdy all,

I have a small property management company for my own rentals as well as a friend who is out of state for a few years. I'm just getting setup in quickbooks. I'm trying to figure out the best way to itemi...

Hi all, hope all is well.  20 days after move out accounting letter sent, ex-tenant sent email asking about the charges on the move out.  He thinks the charges are too high, that he wasn't responsible for some items, ...