Peter Lee
Buying Old Rental Properties for Cash Flow
Hey guys, I was wondering what your take was on this situation.
I'm thinking about buying a few older rental single family homes vs buying a newer home.
Here are the specs.
Older House
Built: 1950 - 1970
Cost: $40k -...
Austin Rath
First buy and hold, Possible insulation, heat, mold issues??
Good Morning BP!Yesterday my fiance and i found ourselves in Lynchburg looking at a 4bd 1.5ba home that has a lot of recent updates and "looks" like it could be the best house in the neighborhood. We met the man that ...
Cooper B.
Worth it to replace water heater on flip?
My local power company will give me a free electric water heater if I switch over from gas. It will still cost me about $250-$300 for additional parts and for the electrician and plumber to hook it up.
The c...
Brandon Schlichter
Bedbugs and landlord liability
Recently an area where I have rental properties has become a hotspot for bed bugs.Treatment companies are now wanting astronomical rates ($800-$1500) to do treatments on properties. Unfortunately with how prevalent th...
Brett Burky
Commercial Note Purchases - How Does It Work?
Commercial note purchases are different from residential and we'd like to learn from experts in BP on how that happens. What are the glaring differences? Is it less or more steps in the closing? Is anyone an expert in...
Matthew Madrigal
Commercial Investing regarding taxes
Another question I can’t seem to find anything is. I know in the beginning of a loan you can just write off the interest because that’s all your getting charged but later down the road you pay more down on principle s...
Jo Brown
refund for 1st month of cochroach infested apartment new rental?
should a young couple coming to a new rental, get back their first month rent, because they ahvent been able to enjoy peace of settling into the apartment they organised from months befre becqause it has a severe coac...
Nicholas Overby
Depreciation and paying zero tax
I have roughly a $100k/year taxable income between w-2 and some self employed activities. I want to buy rental property, but my accountant says that I can only take up to $25,000 in losses, but thats only if your inc...
Ryan Corcoran
67 unit NH Deal (13 residential and mixed use buildings)
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $4,500,000
67 unit portfolio purchased from a large investor in NH. 13 different properties over three different ...
Matt Schelberg
Designing Around Drop Ceiling
I am trying select a flooring option in a working-class rental unit with a drop ceiling. Currently there is wall-to-wall carpet that needs to be removed. One option is to replace it with laminate floors, but woul...