Mindy Jensen
Did anyone see the new Solar Roof from Elon Musk?
Elon Musk has just announced a new roof that went on sale today. Tesla's new Solar Roof will be available for US delivery in late 2017, and best of all it comes with an Infinity Warranty!As a homeowner, I want one of...
Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
Jack B.
$300-$400 below market rent: to raise or not?
Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...
Jill F.
When are you overleveraged?
I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
Dominic Franco
Should I screen inherited tenants?
Good evening BP family!I recently just closed on my first deal, a duplex with tenants occupied on both sides. I am preparing a new lease agreement as one is up and at the end of the month and the other is on M2M. Look...
Brett O
Simple way to spot a good deal, what do you think?
I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
Devan R.
HOA Provision States - Can't Rent
We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...
Mark Beekman
Is building possible according to this geological survey???
I'm looking to build a single family home (or put up a mobile home) on a flat .34 acre residential lot in PA.Some background:There used to be a house on the lot, built in the 1960s, that suffered settling issues due t...
Brian S.
Best way to buy family members home and pay less tax
Hello,I'm looking for some advice on the best way to buy a family members home, and both of us paying as little tax as possible. The property is in the Tampa Bay, Florida area. I originally thought I would refinance a...
Andrew Lee
Strategy Analysis - New Investor
Currently looking at the following scenario within the next 12 months. Any/all feedback, advice, help will be greatly appreciated!
Sell primary SFR which I pay $4,500/mo (PITI). Move into rental with a monthly budget...