Daniel Bowden
Young Newbie from Philadelphia area seeking all of your wisdom
Hi everyone, my name is Daniel. I'm 22 years old and I just graduated college and now have a full time job which earns me about $60k a year which I hope will be enough to get me started in investing. I have about $20k...
Todd Moriarty
Do I charge more rent if my tenant wants month-to-month lease?
Hi All,My tenant has been in my rental for 5 years now. He has been paying the rent and keeping it clean. After the one year lease expired 4 years ago, he asked to do a month-to-month lease which I agreed to and it's ...
Patrick McGrath
First Tri-plex! Asking Current owner to evict tenant?
I am getting ready to submit offer on my First MFR Tri-plex. I have spoken directly with owner and price has already been agreed upon. All 3 units are rented out currently, 2 units at $750 and 1 at $650. In speaking w...
Bruce D. Kowal
Effective Tax Planning for Real Estate Investors
What Does Effective Tax Planning for Real Estate Investors Look Like?
A lot of Investors
on BP recognize that they need something more than a trip to H&R
Block at the last minute.
1] At the very
basic we w...
Robert Ford
Repairing credit.
So here is the scoop. I am looking to repair my credit I have been working at this for about 2 years now. I have been able to obtain credit cards since my start. I went from having 10+ DAs and a Repo that I still owed...
Dan Nim
Riverside, CA Duplex - Would you have bought or walked away?
Hi All, Been lurking for a while and this is my first post. It has been a while since I have made a purchase but want to get back in the rental market but feel like a newbie at this again. My current goal is to look f...
Scott Starkey
Refi commercial loan (apartment) help/ suggestions
Hi,My company specializes in purchasing deferred maintenance, poorly managed rental properties with below market rents. We purchased an 8 unit apartment complex with 2 duplexes (total 12 doors) under the same comme...
Tyrell Peters
Reducing Rent for Current Tenants Due to Market Slow Down
Hello,Does anyone have any experience for reducing rent when a lease is coming to an end? In our area the last 3 years rent has increased immensely, like a lot of areas. However there is a huge flood of new Apartments...
Harish Maiya
ADU/in-law unit in Newark, Bay area
Howdy BP folks, I am firstimer, please bear my lengthy writeup.Need some inputs for deciding to build ADU unit in side yard of my house. Situation: Have a day job along with a kid. Cannot spend full time on the projec...
Kyle Scholnick
Depreciation still possible?
I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...