Hello all! I purchased my second investment property (a duplex) almost a year ago (November 2019) in Allentown PA. I'll just get right to the numbers.Purchase price: $140,000Cash to Close: $43,000Initial repairs: $6,8...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
Anyone on this site own an iPhone? If you have tried using a friends that would also be interesting.
I was wondering just how useful the iPhone would be for RE activities. As the WSJ review said it is really a portab...
I've been lurking on BP for about a month, after my friend and prospective business partner introduced me to the site, and suggested that we look into partnering in REI. Providentially, he did so just after I'd read ...
As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Wow, this is interesting ... Denver has filed felony criminal charges against a Denver couple for operating multiple Airbnb short-term rentals in violation of the primary residence.According to the people I talk to in...
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Fellow Landlords,
The tenants of my rental property are currently 12 days late on July’s rent. I have made many many attempts to collect and even suggested that setting up and online pay would make things easier (I ...
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...