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I'm interested on everyone's opinion of scheduling multiple contractors to come out to a property - at the same time - to bid on work.I've always spaced them out with different contractors in the past, and I'm a littl...
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Schedule E shows $52k in losses for 6 properties. Due to mortgage interest, depreciation, repairs, supplies, maint fee, etc. But allof that only reduced my earn income by $6k. Sounds like I’m doing something wrong. Th...
I asked if it will be an in house appraisal, drive by appraisal, or a full appraisal so I can have an idea of my costs. This is a duplex, im putting 20% down, getting a 30yr fixed mortgage. Here is the answer I receiv...
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Hello bp people! Well I'm taking some action and setting up a meetup for Jan 20th at Tacos 4 Life 6-8pm. Happy New Year everyone and may your BAG (big audacious goal) for 2022 inspire and fulfill you!! and p.s. if ...
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I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...
Hi all,
Have a weird situation where I recently purchased a rental property 1 year ago and am looking for a new loan on a new property. I have great credit and W2 income to purchase a property before even adding my r...
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I have a vacation rental that I rent out 100% of the year on Airbnb and do not file a schedule E. I heard the podcast recently about filing a home office deduction for the 8x8 ft office space in my home, but when I t...
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As your Portfolio grows and evolves, so too do your insurance needs. Many investors start with a variety of insurance carriers to manage different properties. While this approach works in the early stages, there comes...
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A little background on myself. Currently, not in real estate, I'm wanting to study to get my license. Work under a brokerage for a few years. but then move more into owning my own places and renting them out. I found ...
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Hey all!
I'm getting ready to go view some houses. Some of the properties that were listed on homepath, and realtor.com as bank owned have now been scheduled for auction. Will they take conventional offers ...