Tyler M vlna
Turning a liability into an asset!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $9,000
In 2016 I purchased my first car a 2016 Chevy Camaro. At the time I was excited unti...
Nicole A.
LLC tax refund mixed with your personal tax refund
I wanted to know if I'm the only one that asks this of my tax guy.Since our LLC is a "pass through" type of entity, any refund during tax season is put on our personal returns. Each year, I ask him how much of that re...
Manzell Blakeley
"DebtShredder" and other schemes
A friend recently introduced me to this "debt shredder" product, which they claim will do things like automatically structure your debt repayments (such as a mortgage) in such a way as to decrease total interest you e...
Carson Sweezy
College town live in landlord market
I am looking to purchase my first house, and will be renting out the extra rooms. Is there anyone that has owned and rented college homes to students, that could pass along some advice for this market? Or perhaps any ...
David London
Students want a way out if classes go online due to Covid
Just finished renovating a SFH intended to be used as student housing. Found a group of 5 students interested in signing a lease quite quickly. Some of the parents are asking if the students would be allowed to back o...
Nathan Gesner
Are you a Scrooge or a Santa Claus?
Do you give your Tenant a gift, rent reduction, or anything else during the Holiday season? I know many Landlords do this because they think the tenants will appreciate it and respond by paying rent on time, taking ca...
Dana Chun
Purchasing a new duplex... raise the rent?
Hi there,
I am in the process of purchasing my second duplex. It's identical to another one that I own right next door. I am currently charging 1350 / month and most of the renters are college students. I ...
Caleb Godsey
Cedar Rapids, IA - Wellington Heights Neighborhood
Hello Everyone.Wondering if anyone has had any success with rental markets in the Wellington Heights neighborhood in Cedar Rapids. It seems as though the houses are priced well. It is close to Coe College which could ...
Greg Rutkowski
Utilizing a Lease Option to buy as an Investor
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....
Kelly N.
Lease end dates in a college town
Hello BP Nation-
So here's my situation. We now own two triplexes in a college town. Most lease terms in the area end around August 25 (I have one ending on the 23rd, two on the 25th), classes start September 4. I...