How significant is the tax appraisal of a property? I'm looking to flip a property and the comps for the area are showing properties of this type are selling for 55-65k but the tax appraisal on the property is 6700. H...
I'm in the process of buying my first home/house hacking and doing my first deal analysis. I've used the tool and the 2% rule. Would appreciate some help.I will have to occupy 1 unit within the Duplex, however, I pla...
Hey all! I'm somewhat new to managing vacation rentals. I have one property of my own, which I have been very successful in renting out for the past 4 years. I want to make managing my property easier, as well as t...
Dear BP family,I was wondering, which background tool do you use to screen your tenants?Thank you all in advance
We have reached a point with our properties that we will have essentially built a property management company to look after our own properties. With a little more effort, and maybe one more staff member, we could loo...
Hi all! I recently purchased a multifamily property in an established neighborhood in Columbia, SC. I have a (good) tenant in one side, and I am in the process of sprucing up the vacant side to make it a little nicer ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $326,000
Cash invested: $40,000
I own a single family home in Henderson, NV - recently renovated and converted to a...
Does anyone know why the average rental income of STR in Galveston is almost half of what it is in other nearby markets like Port Aransas and south padre island. It is really low given when compared to other beach tow...
Last year, I switched to a very real-estate-savvy CPA in old (as in old money) Pasadena. I sent him my 11 HUD statements for this year, and I asked if someone in his office could help me enter one of them into my...
There are proposals in US Congress to eliminate the IRS Section 1031 Tax Free Exchanges, which have been in the tax cade since 1924.http://www.realtor.org/news-releases/2015/07/nar-survey-finds-like-kind-exchanges-pro...