Hello all!
I purchased my first flip house on Monday and as a new real estate investor, I would like to get some experienced rehabber's opinions on the threat of asbestos. I searched BP for asbestos-related forums b...
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Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
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My trouble tenant used to be homeless maybe a year ago or so. So, he has connections with councilors and advocates to I guess help him along.
Anyway, I knew I shouldn't have accepted his application, but I ...
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More than once someone has written something to the effect "I have plenty of cash but no income on my tax return." Usually in the context of trying to get a loan. I do understand deducting expenses, depreciation, an...
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This is very long. It goes over in detail what happened to me, what caused it. How i came to buy my first home and why desperation caused me to think out of the box for a solution to repair my life and the steps i did...
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Hello all,
I'm talking with a seller who is fairly motivated as she is quite elderly (even has a great great grandson). She owns a few properties, each worth about $100,000 and is thinking of selling them. Sh...
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Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
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We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...
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A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
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Disclaimer: I think the Corona Virus thing is a bunch of fake news. It's no more deadly than the common cold.That said, with all of the media hoopla about it, are you seeing any impact on your STR reservations? We ...