Shahriar K.
Canadian trying to get refund from IRS on a flip
I started a discussion about the flip I did in Spokane WA, and I created a topic on that. I thought I would start a new topic on my challenges to get a refund back from IRS.The short story is I bought a property in No...
Andre Andronik
HELOC against rental property
Hello everyone. I am new in this business... i have a rental property which is almost completely paid it off, appraised at about 110k... my question to you guys if anyone aware of any financial institutions in NY stat...
Daniel Luedtke
Applications for rent
What's the best process for taking apps and screening applicants? This is the first time I'm filling a vacancy. I am doing some showings of the unit to several prospective applicants, but think I may have put the car...
Warren T.
Is Transunion's Residentscore compared to FICO score
Hello BP community. Need some advice. I have a SFR that I'm renting for $3,250/mo. I have a couple that looked great on paper. Wife is a teacher making $8K/mo (verified paystubs) in a good school district and the husb...
Ryan Leake
Trying to make sense of residential STR regulations in Austin, TX? Here's what I know
Current status of residential Austin STR regulations:STRs must continue to be licensed, as the City of Austin will continue to enforce STR regulations[7]. In 2016, the city stopped issuing new non-owner occupied STR l...
Rick Wiggins
Problems with Insurance company's wanting to cancel coverage
Good Morning BP,
I'm not a complete newbie but I am with owning multiple properties at the same time. I'm having major issues with Allstate. We have multiple SFH's, a duplex, and 2 more SFH under contract. Each prop...
Mike Hanneman
Tax deferment on 2nd home
I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...
Navid A.
Completed proof of concept, now what?
Hello BP, I'm trying to get myself to the next level and here is my situation:I'm currently in the military and I bought my first VA home off of the MLS for $90k with no money down. I spent about $20k to renovate the ...
Roberto Costa
Licenses and permits
I am just about done setting up my LLC, Does anyone know if you need a business license or seller's permit in Virginia?
Eugene Vollucci
Comprehensive Property Analysis Strategies
Discover the essential tools needed to analyze property and how to apply them.
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment...