Josh Ferona
Cost basis tax question
Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...
Natalya Whitaker
Advice needed Home hacking on 3rd deal
I am looking at buying a 4-plex in old Louisville, KY. These houses are GORGEOUS, but very old. It's the biggest historic district in all of the US.
In the 1940's several of these houses were converted to multiplexes ...
Chris Newman
Investing in Wetland Mitigation Banking on Junk Land
Some quick context:I invest in Snohomish county, WA rural junk land with hidden values. I started off with Transfer of Development Rights Credits and then discovered Small Denomination farmland from Ghost Plats. I lov...
Michael Lenahan
Tenants owe me 5K in back rent - What is my recourse?
Hi,My first time in 5 years of Real Estate Investing that I had to evict someone. So the process is new to me...The tenant was recently locked out (11.28) and their Petition to Restore was denied. They owe me over 5K...
Alexander Ball
Knocking on door of tenant occupied auction?
Yes, I know it's considered trespassing and illegal and that's why I would like to ask the community a few questions.1. Can I try and get ahold of the current tenants phone numbers and give them a call? Ask if I coul...
Shane Waller
Chance to purchase a double wide is it feasible?
I have the chance to purchase a 97 oak wood double wide. The interior needs a full restoration. The exterior is in ok shape. What is a good price. 1600 sq 3brooms 2 baths. It will need new Ac unit also. I can do all ...
Chris B.
Help crunching numbers for renting my primary home
I need to post to the New Members introduction forum but thought I would dive in here and ask for some help.My wife and I became accidental landlords in 2008 and honestly have kind of been on cruise control without do...
Will Browm
Online tenant screening with SmartMove
I am trying to use SmartMove through BP. I have sent 15 email requests for people that have seen and liked the property. Not one prospect has applied in two weeks. I don't want to trash BP or the service. I wonder...
Trent M.
1st commercial property purchase help/advice
Hi, I have found my dream commercial property. Its a commercial retail space that has had 150,000k of upgrades. It was a old building run down and the city purchased it and fixed it up using TIF and then gave it to a ...
Gerardo Waisbaum
Does a 55-unit property require on-site staff?
Hi guys,We own a couple of smaller properties (up to 32 units) that don't need on-site staffing but started to underwrite more significant assets.We wonder what the minimum property size that would require staff on pa...