Kenneth LaVoie
Cat Urine Smell that refused to die
We've always been able to get rid of ANY odor, eventually, no matter how bad, even if it meant refinishing floors with six coats of poly with vinyl flooring over it! But we have a 2 BR unit that some mentally ill peop...
David Ellis
Not sure what my tax is
Hello 1031 exchange people. I've read a bit about exchanges and I'm currently in the middle of one myself. I just have a couple questions to make sure I don't do it the wrong way. I'll explain what I'm doing and hopef...
Paul S.
Replacing Wood Decking With Composite
Hello BP community. I have a SFR in North Carolina with a deck on the back of the home that is need of some serious repair. I built this deck myself with treated wood from HD. The deck is approximately 19’X20’ (16" on...
Amanda Paugas
Sober living house
Does anyone have experience with owning/managing sober living houses? I’m looking at a portfolio of three homes, buying both the buildings and the business. Quick analysis yields a 16% cap rate, just wondering if anyo...
Austin Bull
What's up with Arizona?
Hi, my name is Austin Bull and I'm a new REI from Arizona. I'm 26 and work an hourly job as a mid-level plumber. The hurdle for me right now is that with my pay rate, I can only get pre-approved for a little less than...
Apsu Hamilton
Duplex BRRRR Strategy
Looking to get some feedback on me and my partners BRRRR Deal. Were under contract on a duplex for $160,000 and the estimated rehab is $135,000. Were using a Hard Money lender. Rehab Timeline is about 1-2 months. ARV ...
Cass Hecker
Qualified Joint Venture for RE Spouses
Anyone have experience designating your LLC (RE rental income/loss) as a qualified joint venture? I am interested in reading all pros and cons of QJV vs. S-Corp, apart from level of complexity of tax returns. Accounta...
Kebron Girma
How to pay less on Capital Gains Tax if over the age of 62.
Lets say I bought a bought my rental property 10+ years ago for $300K and it's now worth $1Mil plus. I have a mortgage of $400k+ and want to sell it for what's it's worth now. How can I save on capital gains taxes and...
Darrell B.
Tenants not on the lease threaten with attorney
Hey Guys,My brother has a rental in Shoreline, Washington and rented to a friend. Pretty standard SFH with a lease. The friend ended up letting one of HIS own friends live there with his wife and child while he lived ...
Jenn Baker
purchasing during job loss
Will try to make a long story short. We have a nice lump sum of money coming. We rent at a rate more than it would cost to own. My husband is possibly losing his job before the end of the year. We want to take the lum...