Bob Woelfel
Capital Expense or Maintenance Expense??
Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project? Thanks.
Don Harris
What type of insurance does my buyer need on a land contract purc
I'm acquiring a land contract with a buyer already in place. LC states they are to have insurance but doesn't specify what kind. Do they get "home owners" or "renters coverage" and is my llc listed as "mortgagee' , "c...
Account Closed
Add your "investment property business" to LinkedIn?
Hello,I am wondering if I should add my investment property "business" and name to LinkedIn. I hold a few properties personally and in an LLC, but am unsure if I should add it to LinkedIn. I am hoping this will show a...
David HIbbs
Opinions on current investing strategy
Hi all. I want to get some opinions on how I've been purchasing properties. I appreciate any help.
I have a full time self employed business that does well. That business helps us make the down payments on conventio...
Samson Kay
Thoughts on a using a HELOC on acquiring rental Property?
So I've been a member of bigger pockets since I started investing in rental property in 2013. Its been a side hustle for me mostly, because my main job (engineering) has had me relocate to different parts of the count...
Brandon Heath
Hard Money Lenders and Primary Residence Rental
Hello BP,I am just trying to get a better understanding of how a HML could potentially help my attempt at a "Hard money Fix, Rent and Refi".I've noticed that a lot of HML state that they do not loan on Primary Residen...
Ryan Daigle
How are increased reserve requirements affecting returns?
With the new reserve requirements of 12-18 months for Fannie/Freddie loans, how is this affecting your projected returns? That's a lot of capital you have to account for that's not getting a return.Can you plan to ret...
Sean Dezoysa
Title search when doing an LLC transfer instead of real property
Owner quitclaims property into an LLC. You then buy LLC. I believe this completely avoids the need for a title company -- other than seeing what is on title. Does anyone have suggestions on how to have a title search ...
Ben Matiella
First House hack
Hello everyone:I am located in Las Vegas and looking to acquire a property to house hack this Spring. I am screening currently for lenders and agents to assist in this process. If anyone has experience in the area a...
Kevin Morgan
Analyze my deal! Multifamily Buildings converted to STR
Current Portfolio:
Building 1 Summary: Chicago Near West Suburbs; Vintage Building with 6 apartments and 6 retail storefronts. 2nd
Building on property has 6 office suite and a 5000 sq. ft. warehouse/industrial sp...