Michael Plaks
How 0% capital gain rate actually works
"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
Marvin Hernandez
Are flip contractors reliable these days?
Hi BP CommunityI am looking to teaming up with a reliable contractor for my rehabbing homes business, but are contractors reliable now a days?What do you look for on a contractor you plan to work with?Is it fair to sa...
Kelly Bellini
Which tenant would you choose?
My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...
Bryan Knight
Starting a Mobile Home Park
Ok, so my sister has "put a bug in my ear" to consider starting my own mobile home park. She got the idea because she's actually living in a mobile home park temporarily while saving up a down payment for a home. The ...
Mags S.
Processing Rental applications
Hi BPs. I am renting a sfd after a long hiatus. I have received a great deal of interest and so how do you handle processing multiple applications? (I'm using BP rental app). If you receive several apps, do you run ...
Account Closed
settled sidewalk slab
Hello all,
My rental property has a sunken concrete slab on the sidewalk in front of the property.
Anu ideas on How to fix this in a cheap/effective way. It seems too deep for quikrete.
The property is in H...
Dan Griffin
Selling house to tenant while keeping my low interest loan
This may be a basic question -- but I don't know the answer.
I have a house in another state that I used to live in. We moved, but kept the house because we had a 2.625% loan on it -- and there was a possib...
Stephen Dispensa
Lessons in House Flipping in Tampa
So I thought I'd share a little post on some of the lessons I've learned in the last year and a half. During that time span I have been involved in 22 flips throughout Tampa Bay as an investor, a developer, and an age...
Bobby Narinov
Cash for Keys - pros and cons
OK. We all have been there. You have a bad tenant and you want to evict them fast.But the process is long and expensive. Here in CA it takes 1.5 to 3 months to evict someone and about $800+. If your rent is $500-$600/...
David Tiemann
Do I make a bathroom Handicapped Accessible for a current tenant?
I am looking for some input/ideas on a current situation. I have a tenant, married and retired couple, who have a grown daughter (aprox 30 yrs old) living with them. The daughter is in a wheel chair. They live in ...