Devon Keaveny
Are C/D area properties worth it?
On the outside D type properties look like steals, but with the potential crime, turnover rate and bad tenant pools is there really good money to make? Or is it better to go for B type areas that won't cash flow as we...
Bienes Raices
Rules for guests in lease
My lease, which I bought from a lawyer, says "a reasonable number of guests may stay for up to 72 hours without getting landlord's permission". I was wondering if that was typical of what other people are using in ...
Jeff Petsche
Been MIA and Regret Every Second. Procrastination Is EVIL!!
Hello BP CommunityFull Transparency Coming: I've been a participant of BP for a few years now and I use the word "participant" very loosely. Meaning, I've been someone who has been watching from the sidelines for too ...
Nghi Le
Deducting Personal Interest
If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
Mary Jay
Taxes during retirement
How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...
Zach Terhune
Tenants Pay Partial Payment After Eviction Started
We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...
Amir B.
Over Paying a Contractor during a pending sale
Hello Everyone,I wondered how other investors have dealt with being taken advantage of or overpaying for real estate services.I appreciate any help you can provide.Amir
Account Closed
Cost to foreclose on non-performing note...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
Chadwick Cotner
Help me convince my significant other RE Investing is beneficial
BP Members,
I am relatively new to RE investing and looking to start building my RE portfolio (multi family and/or SFH). I have had one prior property (SFH) that happened out of necessity rather than informed invest...
KJ D'Costa
Tax Protection for Flipping Income
We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...