Michael A Rytina
Contractors and Estimates
Hello-Getting ready to do my first rehab project and have a few questionsI am not a licensed contractor, but will be doing the majority of the reno myself (I have the time and some knowledge to be deadly ! ) Getting m...
Diana Robayo
Is signing loan docs prior to buyer walk recommended?
I am purchasing a new construction SFH and was asked to sign loan docs tomorrow Sunday without completing my buyer walk and sign off scheduled for next week. Is signing loan docs prior to both the buyer walk and sign...
Timothy Eaton
What do I need from the tenant to do a proper screening?
Hi, I am leasing my first rental and want to make sure I do this right so I don’t get stuck with a bad tenant. What things do I need from the potential renter so I can do a proper screening on them?
Ross Ellington
Real estate tax breaks
Good evening everyone. I'm I the process of closing on our first property through the VA. My question is Are there any tax breaks with purchasing a home. Being this will be a one year owner occupy before we can rent i...
Neerav Patel
Tenant is asking for discount in rent for damages due to water
Hi all,In past whenever I had questions, I always turn to BP and it always is helpful, so asking one more question.I am a new landlord and yesterday at 8.30 pm tenant reported that there is about 2 inch of water in ba...
LEONID ORLOV
Expense or Capitalize .. this is a question ...
Hi fellow RE investors,
I am trying to finish my taxes for 2011 .. The same question that hunts me every year raised its ugly head once again.
Issue #1:
I have two times of expenses, routine maintenance that sometim...
Daniel Y.
New BARRRR Article Question
The recent article regarding BARRRR is very interesting written by Brandon Hall. One question I had in mind if anyone could answer is what would be considered as "In-service" for 2-4 units. If I had a duplex and one u...
Francisco Ruiz
STR Partnership Structure - Feedback
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Seth C.
Distinguishing maintenance and capital expenses
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...