I gave my tenant permission to make an improvement to the building. I didn't think anything of it because it seemed like a minor request at the time. I saw the improvement the other evening and I was very happy with t...
Hi yall, should I consider tax bills, closing costs, and other encumbrances as a repair when doing "arv - repairs" or do I include it into the purchase price, once I got the property under contract? I appreciate your...
The keep us in the dark and feed us shit!
Latest story. Vacant property put in the hands of a pm on June 20th. Notifies owner there are a couple of leaks and a few other issues. Owner thinks, okay, we'll just get ...
My pest control company sprayed this mold in my crawlspace last year with a mold killer last year, but I'm not happy with the results. Has anyone ever used a polymer spray product similar to "Lumber Kote" by the Redee...
So, I invest in near our local college.... however, I’ve never inherited non-student tenants before. This house makes a great college rental..: nice brick SFH with 7 bed, 3 bath, brick row home... love the house... we...
CPAs of BP,If I cash-out refinance one of my apartment buildings in, say, year 2......does that change my basis if I attempt to 1031 Exchange down the road, say, in year 4?If not, am I expected to come up with that eq...
Hi there. Looking for advice. I own a single family home. I have an extra bedroom that I will be renting to my friend. Legally speaking...can I deed my house to an LLC I create, thereby treating the house as a busines...
Distressed house buyers, especially in southern regions like Houston - Do you always inspect and/or treat for termites when rehabbing a flip or rental property?Obviously, if there are signs of termite damage it's a no...
Hi BP!I've been a member of the site a little while now, and I've been networking, reading forums, listening to podcasts, reading books and sitting on webinars in an effort to learn as much as I can before I pull the ...