Andrew W.
Replicating my Wisconsin Business in Houston?
Hi guys - I own mostly one up one down duplexes (plus a couple of triplexes & a quad) in and around Appleton, WI. These are older (normally 100 years old) in urban core areas. I rehab them within reason, alth...
Jim Foil
Rehab Project Management Software
Hi all,
In my quest to streamline efficiencies for rehabs I defaulted to my normal way of managing projects- namely using Microsoft Project or Excel. In thinking of all of the dependencies that go into a reh...
Dustin Long
Tenant from hell? Have I spoiled them? What can I do?
I have a tenant complains about EVERYTHING and even undoes some of the repairs I make. He's told me he's reported me and that I'm a slum lord. I have over $1,100 in receipts since January (I even bought shrink wrap wi...
Rick Schuett
Shared Appreciation Notes - Any Experience?
Greetings!
Just joined a few minutes ago, so thought I would start off with a topic that is somewhat uncommon. I apologize in advance for the long preamble but this is a rather unique and somewhat complicat...
Paul C.
Room for Interpretation in Tax Laws ?
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Michelle Santiago
30-year of 15-year Refinance
Hi BP Masterminds :)
My husband and I will be refinancing our first rental property. However, we are not sure if it makes sense to do a 30-year or a 15-year mortgage. We really like the idea of owning the property ou...
Bradley Gaulden
To buy or to wait, that is the question.
Good Afternoon y'all! I recently moved to Dallas after graduating from Texas A&M University with my masters in Real Estate. I am currently working for a real estate lending company in Las Colinas. Working in the i...
Aaron Cook
First Deal - Diary of a Newbie
Hey guys,
My name is Aaron Cook, and my wife and I are under contract for our first deal! We have experienced a range of emotions such as being terrified all the way to being extremely excited! I wanted to write out...
Jeff Greenberg
Cost Segregation Study
Has anyone done a cost segregation study, and what are the pros and cons? Has anyone used Engineered Tax Services for this study? It all looks good on paper, but I wanted to see if anyone has some real world experie...
Chris Armistad
Land contracts
Hello BP,
Need some advise on how to properly fill out a land contract. Is the deposit amount required added to the sell price of the home when I'm trying to flip it. Any advise about this process would be greatly app...