Jane A.
3-12 years warranty gas water heaters for rental?
I have few ancient water heaters - older than 20 yo :))) what I would better choose as a replacement. I am planning to hold this rentals for some time.
Sean McClure
Newbie RE investor in training from Miami, Florida
Hi BP community,I just want to introduce myself to the BP community. Its great that there is a resource like this online. I am currently in the education phase of real estate investing and have been researching and re...
Ian L.
Strategic Advice for Next Rental Property
Hi BP!I currently own a rental condo free and clear. I plan to refinance the condo to use the proceeds for my next rental property. I’m looking for strategic advice on whether the refinance should be in the form of a ...
Adam Scheetz
Tax benefits of 0% interest seller financing!
One of the recent BP Podcasts I listened to made mention of a huge selling point that the guest used a lot. He said that when sellers say they want 2%, 5%, Etc, in interest on their seller financing, he reminds them t...
Andrew Little
Tenants keep submitting work orders
Hello everyone I am the landlord of a house built in 2016 which I currently rent out while I’m stationed overseas. I hired a property manager to watch over the house and work on my behalf. Within the last 6 months I h...
Lane Kawaoka
Capitol gains on sale
1) I bought a home in 9/2009 and lived in it for one year. Then I rented it out until current. If I sold it today and made a 100k profit/gain do I pay 80k of the taxes on the gain? If I move back in for 1 more ye...
Melissa N.
Accounting for unit turn
We are running numbers on a 9 unit near a large university. The owner states it is usually 100% occupied. I put in 5% for vacancy, 5% repairs and 6% cap ex (they just did the roof and parking lot as well as a few wate...
Steve Driscoll
Tax Implications for Seller who is owner financing personal home
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
Nicholas M.
Duplex to 4-plex to apartment building.
I was curious if this was a thing where a person buys a duplex, does a lil upgrading on it, lets it appreciate for a year or two and then sells it for a profit. Then the person does a 10-31 exchange and rolls the prof...
Shawn C.
What are Systems????
Everyone talks about either developing or having systems. I am at a loss, what are some systems people have and how did you develop them?