I'm close to purchasing my first investment property. I'm torn between three enticing listings. Listing A is in a Grade C-D neighborhood priced at 124k with rental comps around 1250-1350. The neighborhood is close to ...
I am aiming to establish a property management firm in 2016-17 after I have obtained adequate experience. However, I feel a bit confused about the difference between legal requirements and actual industry practices. ...
Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik
Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...
Hello BP,Just a pretty simple question that I have, that I have some answers too, but would also like to hear other ideas and perspectives in the large multi family and apartment investing space. To me, I see it kind ...
Good morning! We own a small business in Florida where we manage 25 doors for STR. We are looking to expand into some other states that have state income tax, but not exactly sure what that looks like for state taxes....
My property just got approved to get new roof. What's best practice with informing my tenant besides, "Heads up the property is getting a new roof." ? Am I just overthinking this?
Hello friends of BP. I am looking into SFDs for long term rentals in Charlotte, NC. Does anyone from that area, or anyone who has invested there have any advice? Areas, investment types, or local knowledge they can sh...
Does anyone have their company letterhead on their yellow paper direct mail piece? I am thinking about doing this and save money on always including a business card in everyone of my mail piecec.Also, does anyone have...
The Midwest often flies under the radar in real estate discussions, but savvy investors are taking notice of this region's immense potential. Here's why the Midwest is one of the safest areas to invest in.
1. Affo...