Team - has anyone (who uses quickbooks) been told by a CPA to hold their property values steady (i.e. original purchase price/value) in their books around tax time? It would be nice to have an accurate picture of tot...
Good afternoon BP.
I'm currently screening an elderly couple from NJ that is moving to Charleston, SC area to be near their daughters and grandkids.
They intend to occupy my 4/2.5 on 1 January. I have multiple dis...
So I have been actively looking for good investment properties for the last two months. I went and looked at two yesterday that were still tenant occupied. The standards of living are so crummy at the houses that I wo...
Hello, I'm thinking about purchasing either a coin operated car wash or laundry with good financials. My concern is that they are harder to operate than it looks. The laundry mat is in a mid-low income neighborhood ...
I am currently househacking my first duplex, a couple weeks ago I noticed the main sewer line was backing up slightly in the unfinished basement. I attributed it to the heaven rain fall we were getting at the time. Th...
Hello BP,
If you a real Estate Investor in New York, you are going to want to weigh-in on another ridiculous regulation designed to help marginalized tenants in the city that will - in-effect - marginalize landlords ...
I'm new to the whole landlord game and hoping for some clarification. Do you rely on the tenant to replace the filter or do you do it yourself (monthly), and would that dictate a monthly inspection of the property? ...
Hello, I'm an agent in the Western, Ma area. Specifically Springfield, Ma. I want to get into wholesaling a great deal, but not sure how to begin. I've heard others say that the fact that I am an agent , I have an ...
Some of you have, or do, live(d) next door to your tenants. What are your top 3 con's from that experience or at least 1 thing you might not have thought of that would have been an issue.
I'm working on cop...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $27,500
Sale price: $178,000
This is a 2 story 1800 sq ft house that had been let go to...