Chris Kelly
back taxes
Hello BP members, I recently acquired by foreclosure property that has about 5 years of back taxes. I know I will be paying those taxes at closing. I am fine paying the principle but I was wondering if anyone has ever...
Danielle Ronquillo
Duplex by a cemetary
Hi! I'm a newer investor here with no properties. I am looking into properties both in-state and out-of-state. For this post, I am trying to find out more about the real estate market local to me. There is a dilapidat...
Nicholas Bailey
Rehab Project in North Center - advice and recommendations?
We recently purchased a three-unit rental property. We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years. Currently, the water heater an...
Melissa Allen
Tricky question about HELOCS and retirement account loans
This is more of a financial advice question in order to prepare for the next deal. (We only have one STR and have had it for two years.) My husband and I each have retirement accounts through work, plus his 457 and my...
Champ Leong
Credit Cards are an investment???? lol
Credit cards are an "investment"? EMPHATICALLY, YES! This literally just occurred to me in the shower. I pay off all my balances each month. I earn up to 5% cash back on my credit cards. THIS IS A STREAM OF INCOME. I'...
Cathy Ries
Is it worth tax planning before acquiring rentals?
Is it worth talking to someone to start the tax planning convos if this is my current situation?1. I do not have rental property yet but intend to buy in 2025. Partner and I are planning to finance it together. 2. My ...
Paul Winka
UGLY BATHTUB: Bath Fitter, Miracle Method, or replace tub?
There are old discussion threads on this, but wanted a fresh perspective with a new thread.There is a dusty rose colored tub from the '60s that was painted white with a DIY kit; the paint is peeling away. I have dist...
Patrick K.
Is it accurate you can only rent out 2 dwelling units in Atlanta Georgia as short STR
On their city website it states:
"
One owner can obtain an STRL for up to two (2) separate properties. The primary residence and one additional dwelling unit without any additional requirements, fees, permits, licen...
Yehuda R.
What state is better
HiIm looking for a cash flow deal in 3 diffrent states.Tampa FL. North Carolina.Columbos Ohio.I like to know from ypur experiance wich one of them are a beter market.Thanks
Daniel Lozowy
Estimating expenses, advice needed
When you estimate expense on an apartment building, I know it's recommended to go with 50% of the gross income. But what about areas where rents are very high? What's the best way to be accurate and conservative at th...