Dan Crenshaw
Screening tenants
I am currently in the market for my first multifamily unit property. One of my biggest concerns, which I'm sure is very common, is being able to find reliable tenants once I've acquired my property. What are some t...
Marco G.
Effect of Large Schedule E Losses in 2019?
2019 has been a difficult year with multiple vacancies, extensive make ready costs, and lots of deferred maintenance being addressed. It looks like I will show a large loss this year, and I still have about $30k total...
Jennifer Roof
Marbern Dr. Hagerstown, MD
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $95,000
Cash invested: $30,000
Sale price: $173,000
Before moving in we had to remediate some mold in the basem...
Timmy Fritz
Advice for Owner Financing Triplex w/ Equity
Found a triplex in Louisville, KY that I like and the owner is open to financing the deal. He owes 50k on the property, and it is worth between 110-115k. The property is fully occupied & rents for 1700. He is look...
Kelly Bauserman
90 properties - financing
I’ve been offered an off market deal to buy 90 properties from a seller that hasn’t listed them yet. Waiting on information on pricing for the lot and mix of properties to run the numbers. How would I explore financin...
Emanuel Morales
Is it a good Idea to Buy a property that flooded & other quest.
Hello all, I am a 19 years old investor looking to buy my first rental. I am in the Houston, TX area. I found a foreclosed property (SFR) that flooded during harvey, but I really doubt it will flood again since anothe...
Hassan Oukacha
Rental property tax deduction
I'm filing my 2017 tax as married jointly. I have 2 rental properties that are both making losses for 2017 due to deduction and cost of acquisition + rehab; we acquired both of them last year. I am using TurboTax to f...
Account Closed
What improvements does the Streamlined 203K cover?
From what I've read online, it covers 'minor kitchen and bath remodels' but not 'major remodeling'. That's pretty broad. Does anyone have any experience or knowledge with more specific details?
Example: let...
Faisal Farnas
My Landlord Is willing to Sell - Help !
BP Experts,
I am currently renting a townhome in a desirable location. I am looking to to buy my first home. I emailed my landlord asking if the house was for sale and he replied that he would be willing to consider ...
Vlad Popovici
Can you split reno tax deductions across several years? (Canada)
Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...