I have a house I was going to flip. I am now going to keep it and rent it out.It is in my 'active income' entity. I've only done 2 flips in this entity, and it's not tagged as a dealer yet, but it will be some day.I...
Hello,I am looking at investing into a few value add mobile home parks. They are underperforming due to significant vacancies (vacant pads not vacant park owned homes). If I am to buy one of these parks where is the b...
Do you just print copies of the checks you made and keep them as your stubs, and save them come tax time and take them to H&R block, or how exactly do you do it?
Hi BP folks,
I am newbie from DFW (Dallas/Fortworth) area. Really thankful for this wonderful site and proud to be a part of this. I would love to exchange my knowledge and also hopeful to learn a lot from al...
Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
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Hi BP,Wife and I purchased a duplex in September, 2014 for $142,000 as owner occupied with 15% down. We put roughly $20,000 into it and have successfully rented it the last 2 years for $25,800 annual gross rent. We ...
I am in the process of buying my first mobile home park. I have been primarily rental investors for SF and TH. I have recently come across a 27 units MHP (10 vacant) whichIs 2.5 hours away from my resident. It was a ...
I've been managing my own residential properties as well as a few for others and I've recently been approached to provide my services for some commercial property. I'm really new at this and was wondering if anyone ca...
Although I've had some success, I'm also not totally enthusiastic about it either. Obviously apt buildings are very management intensive and many of these owners would like out of them as they get older, but still nee...
I am currently underwriting a deal I’m looking at and need some guidance on what specific items/work is going to cost. Obviously this is different everywhere but rough estimates and ranges are welcome. It’s a 20+ unit...