Heather Pelletier
If you rehab a property completely will expenses be less?
I have a question? I understand the 50% rule for the most part but am unclear about what expenses it includes. If you purchase a property and rehab it completely is it safe to assume your expenses will be slightly l...
Sage Jankowitz
Project Repair Estimate Form
I was recently given a "project repair estimate form" from a fellow wholesaler in my area. It says things like "# of Windows x $300".
As a wholesaler it's really important to me that I give accurate estimates upfront...
Jonathan Scheeler
I am done with RentRedi. Need suggestions on a PM software
Well, after multiple issues that the only resolution was using additional software, and now we have received our 1099 from RentRedi that includes the fees they charged our tenants and we NEVER received any of those fe...
Quynh-Chi Nguyen
How much would you deduct from Security Deposit
Not sure what happen but it seems like the tenant took the cover or the screen on the security system. It's not even in use. Can I deduct it from the security deposit? And how much? First time dealing with it.ThanksChi
Marie S.
Didn't find Changes to Property until after Sale!!!
I went through a final walk through before closing and everything that I requested to be fixed seemed to either be fixed or had been "tacked in place" to appear fixed. I got it. The sellers really didn't have the m...
Millie Gargurevich
Question on tax deductible expenses
l am trying to learn more about tax information and determine exactly which expenses are deductible and which aren’t. Specifically, fences, gutters, landscaping, to make the property more competitive for rent.
Also, ...
Bryan Weller
Bigger Costs
I've very new and still learning. I've read a lot about the 50% rule and I'm wondering about one aspect. A big part of the 50% rule is saving capitol back for those big ticket items like furnace replacement or, the mo...
Lindi Nguyen
My first offer accepted on an SFH! Financial Modeling gut check?
Just got an offer accepted on my first investment property!! Anyone care to take a glance at my financial modeling - see if any errors jump out at you?https://docs.google.com/spread...
Jarod Castaneda
What do you look for when buying a property?
Hello BP Experts! I am looking for another property and wanted to learn what others look for when finding a property. I've narrow it down to 3 different categories for what an investment needs to be. Can you provid...
Kyle Shankin
Doing Things the Hard Way: My First Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $99,000
Cash invested: $15,000
Sale price: $154,000
I successfully flipped a 3Bed, 1Bath bungalow in Troy, MI l...