Ryan King
Pine (maybe?) Wood Floors 1x6 - What should I do?
Below are pics of what I'm working with. It's an 1880's home and everything I've read says they used pine and the lumber store said it was either pine or fir so I'm guessing it's pine. In my opinion the floor is great...
Tony Karns
asbestos concern in duplex remodel
Hey guys, I am about to begin remodeling a duplex. It's a major project and we are taking down walls/moving air vents and pulling up the flooring. Unfortunately I did not think about this before hand, but it has been ...
Brandon Komp
using IRA to buy real estate
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
Barrett Boone
How to install Laminate over hardwood floors
Ok, before anyone has a heart attack because I want to cover the original hardwood floors with laminate, I need to give some background. Please read the back story to get to the real question, or just skip to the bott...
Nick C.
Amend Return or Utilize Carry Forward
Hope I can explain this well enough. Background....I invested in two DST's in Jan of 2022. When I received my 2023 taxes back from my tax preparer, I noticed that they included income from the DST's but did not incl...
Uday Kumar
Can Lease option price be same as appraisal instead of fixed?
I have a buyer thats willing to buy my fixer upper house as lease option. He wants to fix only the essentials to qualify for a bank loan. He is asking if we could put the sale price as what ever it will appraise for w...
Sean Connolly
Accountant in Massachusetts or Rhode Island
Hello all, Looking to find a new accountant in southeastern Massachusetts. I am willing to drive as north as Boston and Rhode Island as well. My current accountant is getting a bit "checked out" and this years tax re...
Kori Peretz
How do I farm an area
I’m an investor and just finished my inspection on my rehab. The contract is over list and I really like the area. I’ve never farmed an area before. I looked on Broward County Property Appraiser and saw that many of t...
Cole Drennan
Accepting new tenants
We have one of our properties for rent and are accepting applications. One of the applicants reached out stating his credit score is 550 (our requirement is 600) but his wife’s credit score is 750. I informed him that...
E.S. Burrell
Holding rental property with a deposit and promissory note
HelloI have an applicant who wants to move in early February. I required a deposit to hold the home. Does anyone have a promissory letter example or can help me with wording they’ve used to insure its non refundabl...