Good day everyone! Newbie here, trying to explore being a Real Estate Professional.My spouse and I recently closed on a rental property in FL, it needs rehab. Both of us are Travel Nurses. My spouse just finished her ...
Don’t pay them for their services! Read Tom’s book and then hire your own local CPA for any additional support. The $15,000 service that I paid for is not worth the value that was provided. I had already read Tom's bo...
We bought a property this June in cash and are thinking about refinancing now to pull some money out. It's a duplex with new roof installed last year. However, I don't have the documentation for the new roof. I wonder...
I have read sources/watched videos, etc. regarding reporting rental income on your Schedule C vs. Schedule E. Each source comments on why one may be better or the other. Frankly, it seems like depending upon the sou...
Hello Everyone
First post on bigger pockets. Thanks in advance for all of your replies. I've got a question about an hoa disclosure I was provided by a seller. What first brought me to this deal was the low monthly h...
My tenant is set to move out next Friday. I made the mistake of assuming that a move out inspection was not required in CA unless a tenant requests it. The tenant is now asking for me to perform a move out inspection ...
I purchased a home a few years back as a second home, and I now would like to rent this home out full time. The lender we used at the time had specific requirements around second homes, mainly that it couldn't be ren...
Hi BP Community, thanks for reading… I’m looking for some direction I’m pursuing a property via mortgage foreclosure auction.During my lien search at the county, I like everything I see except for this:There are 2 mor...
Hello,I recently had a major plumbing project done on my multi-unit building. I signed a contract at the beginning with a GC that was more general than I wanted considering the large price tag, but he kept saying that...
Hi there! We're starting with rental properties in the next few months. Are there any Texas specific laws we should be aware of besides tht standard non-descrimination laws?