Aubrey P.
Inheriting RE - taxes, ownership, advice in General
Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
David Bray
Credit Rent for Delayed Appliance Repair
Looking for feedback on how property mangers respond to tenants request for credits for downtime on appliances.A 5 year old washer went out in one of my properties. I contacted a repair company on Monday and they were...
Daniel Vikhtinski
First Time Landlord Finance Questions
Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...
Doug Fluckiger
Finding MTR tenants
Our plan starting out was to do MTRs exclusively for all the reasons everyone does. The problem is consistently finding tenants. FurnishedFinder gave us exactly one tenant for <30 days and it was a mess (collecting...
Aaron Gorum
Should I upgrade the master bath on my occupied Rental Property
To start, I have great tenant that have lived in the house since Jun 2015. They always talk about how they love the place and don't want to leave. They have never been late on rent and treat the home as their own. The...
Naima Farah
Knowledge is the first key to success!!!
Hello-My name is Naima Farah. I am 24 years old from the great State of Minnesota. Although my day time passion is helping people as Community Social Worker, I spend majority of my free time learning dreaming about be...
Justin O'Kelley
I don't pay for my houses!
Hello guys and gals,So I started investing roughly 6 months ago by buying a 3/1 SFR for $52,500 here in my hometown and thought I had stolen it from the seller, because I got them to pay half of all costs. The truth ...
Aaron Rouser
Rehab Over-budget - Suggestions? (Saint Paul, MN)
My wife and I purchased our first SF residence - 2Bd/1BA - at the end of July in Saint Paul, MN. The goal for this property is to add additional 500sqft of living space in an unfinished basement and add an additional ...
Chris Payne
No Closing Costs OR Realtor Commissions... HOW???
Hi BP Fam,When contacting and mailing motivated/distressed sellers, I've read that you can incentivize them by offering "No closing costs" and "No realtor commissions." Sounds great, but how can you buy a house and av...
Evan Stamps
Backing out of inspection contingency - prior to inspector coming
Would appreciate some quick help here - I'm under contract and wondering if I can back out during my inspection period prior to even having the licensed inspector come? My contractor walked the property with me yester...