Joe R.
100% bonus depreciation question
Can I claim 100% bonus depreciation for tax year 2018 on a new air conditioner for a residential rental property?
Steven Coppola
Having negative cash flow to pay off mortgage faster
Hey BP! I always here of having a negative cash flow is bad. But I have an example for you.
What if you buy a single family home when the market crashes for $120,000. You put 20% down. Your mortgage interest is 5% a...
Chris Butler
What do you look for in location?
Hi I’m Chris new to BP. I have reached the point to start actively looking for my first multi family to house hack (live in one unit). I have a realtor and lender and have looked at a few places. I narrowed down a loc...
Christian Zarate
RoofStock Neighborhood Rating system
I have been considering buying a house through RoofStock. Since this would be an OOS investment I would like to make sure that the place is a descent neighborhood. However, I dont know how RoofStock's star rating syst...
Jack Alves
Super high utility costs
I am in contract on a property I initially intended to buy as a rental. It is also a possible flip. The house is vacant. I don't know for sure how long but it seems like it has been a while. I called WE and learned th...
Maryann L.
short sale negotiation fee on A-C
Thankfully a lot of the short sale investors in my area are very open about their businesses. Last week I spoke with an investor that charges the BUYER a $5000 negotiation fee when the short sale closes. The rationa...
James W.
Estimate for Paint & General Repair.
Hi gys - I find that getting a correct and trustworthy estimate for "paint and general repair" - is much more difficult than "standard rehab" items.Standard Items like flooring, kitchen counter-tops, cabinets & ap...
Jason Malabute
ORLANDO KISSEIMEE SANFORD SCHOOL DISTRICTS
Hey guys is it true that the best school districts in the Orlando-Kisseimee-Sanford MSA are:1. Seminole2. Fl Viirtual3. SumterAll 3 districts are rated 7. Is this accurate ?Thank you,JM
Nick M.
Required paperwork when signing a rental agreement in Michigan
As I am still working on fixing up my first rental property (in Michigan) and getting it ready for rent, I am simultaneously trying to do my homework regarding the necessary paperwork needed for signing the rental agr...
Rochelle C.
Equity in REO
How is equity determined in a foreclosed, bank owned property and is there an easy method of assessing what it is or does the property require an appraisal first in order to know how much equity remains?
Thanks,
Roch...