So I was wondering if anyone has ever flipped and aimed for energy efficiency as a primary selling point?I was researching geothermal heating/cooling a few months ago and would love it in my primary residence one day....
Hey guys,My family and I are starting a new construction business, with our first build underway in Cornelia, GA. Our team includes a dedicated realtor, and we will soon have a licensed contractor on board. What strat...
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
I have a new construction STR that will be completed and placed in service this year. I understand that none of my expenses are deductible until the property is placed in service, and that all construction expenses an...
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...
Hi all,We have just approached the last big project in our home. Adding a pair of basement bedrooms, and basement bath rehab. We would still have about 8 months left before we can sell (2 year min)Our last couple home...
Hi BP landlords!
I am in the process of purchasing my first multi family unit. It is two 4-plexes. Each unit has full laundry hookup, but the seller did not provide the washer and dryer; that was the tenants' respons...
Looking into the option of installing a pay to use (coin/card) washer / dryer in a 6 unit multifamily. This could potentially add monthly income, but also be a benefit and convenience for tenants.Investigating machin...
The large gas oven is broken at my rental. The replacement cost is very high because it is an old small size wall oven and not many manufacturers make that size anymore. Can I provide a countertop oven instead lawfull...
Hello BP members!
So far I purchased single family homes and I want to buy my first multi family property.
I am looking to buy 20-30 units.
I would like to know what are the due diligence checks I need to for mult...