Once more, seeking BP wisdom.
I just had a solid tenant move out after nearly 4 years (always paid on time).
The rental was left in less than desired shape, and one of the issues I’m having trouble assessing cost fo...
Hey everyone,
I'm about to close on my first deal, a single family home. I am purchasing the home using all cash and plan to do a small rehab job that should take around a month. After a few months I hope to refinanc...
I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
Put a bid on a house just east of 35 good location. House was almost 1400 sq ft and priced at 164,900. Put a bid at 170k and had the high bid but a cash buyer came in and they took that offer.It could come Back On Mar...
For context: I have successfully "flipped" three houses in the past 7-8 years, all of which were my primary residence. I'm about to receive the contract on a SFH in NY state (buying outright with cash) with the plan t...
Hi team,I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my da...
I am scratching my head trying to figure out how best to report the auto expenses we incurred for two of our properties in 2012.
One property (A) is out of state, so we had to drive some ten hours one way to clean u...
HI all, Thanks for all the discussion and help going on here. Hope I can contribute soon, but at the moment I could use a little help.We bought our first multi-unit property this summer and had to evict a tenant for u...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...
I am working on a score sheet that automatically gives a tenant a score and pass/ fail mark depending on each property's minimum qualification standards by simply entering information found on a application background...