Ivan Jouikov
Should I make competitive offer if property is already under contract?
There's a property that I really liked (from description) but it went under contract before I got a chance to see it. I asked my Realtor what about making a competitive offer and he said it's sufficient to let the li...
Jeffrey Eugen
BARRR strategy clarification
Hello. In coming months I am taking possession of a triplex with the intent to use the BRRRR strategy. 2 of the 3 units will undergo kitchen and bathroom renovations. Approx $20,000 will be spent.Now I am hearing abou...
Celia Moore
In Search Of Real Estate Jokes!
I am drafting a speech and looking for a funny, short real estate joke to catch the audience right at the start. Does anyone have a good Real Estate joke? (audience of commercial brokers)
Gavin Majors
Per diem food write off
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
Tim Thompson
New to owning (1yr) and want to start renting....
We bought and moved into our first home December of last year. I know. We've lived there and are looking to start renting either part or all of our home as we move further into investing. I've been trying to learn wha...
Scott Gadea
Can I write off a truck?
I owe 2 rental properties, (5 doors), in California. The 1st property is a single family home which is about 5 miles away from where I live. The 2nd property is a 4plex which is about 140 miles away from where I live...
Denver Gray
What topics do you think people tend to struggle with the most?
I'm an oil and gas analyst turned RE agent I'm writing a book and starting a vlog just on my FB to try and educate people on both mindset of being an investor and what one needs to do to be able to effectively start t...
Michael B.
how to disclose a wet basement to a tenant
Going to rent out our current house this spring. It has a history of getting water in the basement but after some new landscaping and gutters this summer we got very little water even with heavy rains. It is an unfi...
Brian Davis
Purchase Contingent On Finding an Investor (Buyer)
I was just wondering if it is possible to make an offer contingent on finding an investor ("partner") for a property. Say I have an off market seller and I propose to buy the house at x dollars only if I can find a pa...
David Beard
Rental Property Tax Questions
OK, tax pros, please answer these scenarios for a buy-and-hold investor that materially participates in their rental activities:
1) You draw down on your personal residence HELOC to finance a rental property. You d...