DeAngelo Tatum
Tax deductions for owner performed repairs and upgrades.
What is the correct way to deduct rental property repairs, upgrades and maintenance cost when you preform all of the work yourself, being the owner/landlord?
John Cusick
Escrow Question - Can Escrow Hold Funds Hostage?
We (Seller) have just closed a deal with the most frustrating escrow experience. The escrow officer we retained had a serious health issue and was replaced with a new officer about a month before closing. The new offi...
Ryan Lee
Public Record bedroom number is different than the advertised bedroom number
Public Record bedroom number is different than the advertised bedroom number.For instance, Public record and tax assessor says 4, while advertised bedroom number on MLS/listing is 5.The listing agent insists that the ...
Michael T Carrigan
Newbie with 2 questions
Hello all,
Does anyone have a contact for a RE attorney and a RE accountant that they've worked with or can recommend in the Ft. Myers-Bonita Springs-Cape Coral area of SW Florida?
Secondly, when analyzing a duple...
Mike Walker
What recourse do I have to recover funds from a un-coopertive contractor?
Hey everybody,I purchased a property for a buy and hold rental strategy. The roof leaked when I purchased the property, the roof is flat, it had two areas were the water was pooling and that is where the leaks were oc...
Essence Prymus
30 day Notice Question
Hello BP,If renter puts in 30 day notice on the 1st of a 31 day month they are still within the 30 day notice parameters correct? Or is the renter subject to the next month's rent? I would think they are within their ...
Marshall Shen
Deal Analysis for a Chicago multi family property (5 of 30)
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 5th day :)
Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20...
Patrick V.
Concerning foreclosure projections
I know the answer to my question before I ask it: 'dont try and time the market, a good cashflowing deal will still be good even if the house price drops due to market corrections'That being said, given everything tha...
Cal Ewing
Using RRSP's to lend on U.S. deals? Can you do it?
BP Nation and specifically BP Canada,Can anyone tell me if it is possible to get Canadians to lend on US real estate using their RRSP? I don't know a lot about this except that it has to be at arms-length to lend on C...
Sean Price
Wrap Around Mortgage Still Viable
Hi All,We are considering purchasing a home with a wrap around mortgage. I am trying to determine if this is still a viable option in the current real estate market. I know about the dangers of the due on sale claus...