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Results (10000)
Christine Ong Structural Issues
29 January 2016 | 22 replies

Help! My offer was accepted! Going in I knew this particular property had structural issues. And I had inspected the property with my contractor. He had quoted me with the more expensive method of repair and we took t...

Micky Fokken Should I rent out my house?
6 December 2010 | 7 replies

This is probably a very commonly asked question, "Show I rent out my house?". In 4 years I am planning on upgrading to a bigger house. I have a solid 3/2 house in a town with 2 colleges.

I am thinking about using a...

Susan O. How are Renovators planning for Taxes W new Apartment improve
11 February 2019 | 10 replies

Hi for those of you who do major value add apartments how do you expense most of these things.  I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...

Chris F. What percentage of your income do you save?
31 October 2013 | 14 replies

This goes to the heart of RE investment. The first step in investing is the ability to manage your money properly, so being able to save a portion of your income is key for the financial house to be in order. There is...

Gavin Kitzi How to get good at networking
26 July 2019 | 1 reply

What are some way I can become a good networker? Meaning how can I find good contractors, good lenders, good law firms and so on? Also what are some tips to not spending more than I profit on these choices? Will peopl...

James Schindler Direct Mail for House Hacking
13 September 2018 | 19 replies

Hello BP members. I am currently in the beginning phase of getting a direct mail campaign going targeted at 2-4 unit properties in my area. My goal is to find a property that my family (myself, wife, and two babies) c...

Andrew McCotter If you have CASH, should you use it to finance your deals?
10 February 2020 | 42 replies

Hi BP Community! First time posting. I'm curious to hear what people think about using your own cash vs going out and getting financing.A little background on myself - I'm 31 years old living in downtown Chicago. I've...

Sterling Britt Rent to Income ratio?
28 September 2013 | 9 replies

Is there a number you guys use for monthly rent to income ratio when evaluating prospective tenants? I was told gross income should be 2.7 times monthly rent.

Tracy Smith Buying new build construction home with leaks and mold in Georgia
19 August 2019 | 3 replies

Does anyone have experience buying a pre-construction home that has known leak or mold issues? Leaks have occurred throughout the construction period even after drywall was installed and builder had their mold remedia...

Eric Lin bonus depreciation with W2 income
20 April 2022 | 6 replies

We are new here, try to do bonus depreciation.I have high w2 income, My wife has a w2 income of about $100k. She has the agent license, actively manages 10+units and several flip projects per year. Her time in real es...