Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year. The idea would be to then move into a new primary residence, and rent out o...
My daughter is going to college this fall. I'm exploring RE strategies in her college town for the next 4 years and potentially beyond. I can't seem to find anything in past posts. Options that came to mind:
1) buy a...
Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...
Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
The roof on my townhouse is nearing the end of it's useful life. The ridge cap recently blew off and I'm facing the old "repair or replace" question - with a twist. It's a simple peaked roof. The front slope faces ...
Hello Everyone! I am under contract on my first flip in Dallas. I would love some advice and input. It is a hard money foreclosure already gutted with Demo, Framing, Mechanical, Electrical and Plumbing done. The hom...
Hello everyone!
This is my first post and excited to be part of the BP movement! My life was turned upside down exactly 2 weeks ago when my wife said that she will be getting laid off in the next 3 months.
Inst...