Jonathan Bombaci
Converting Oil Boiler to Gas?
Has anyone converted an Oil furnace to Gas? I know you can swap out the pieces I see this in properties from time to time but do people still do this? If so what was your experience with it and do you have general ide...
Bill Connolly
Deploying Soldier ready to begin rental investing upon return
Whats up!I am Bill from Long Island, NY. I'm an apprentice electrician in NY, NY. I am getting ready to deploy in a short while and plan on diving into the world of owning rental properties. I will for the first time ...
Faith Kirk
Solo K - Questions to ask
I am looking for advise on transferring money from an IRA to a SOLO K. We have an IRA that we would like to transfer the money to a SOLO K and we are speaking to a financial person this afternoon about doing that. Wha...
Vamsee Lella
Using local Fire Department to burn down a dilapidated property
Hi BP - I own a piece of land (about 0.75 acres) on which sits a dilapidated house. The city's Planning, Zoning and Community Development Department had sent me a notice to take down the house. I spoke with the code e...
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...
Stuart Udis
Dispelling the 1% Rule
Investors share various reasons for how they qualify income producing assets, but from my personal interactions and observation, the 1% rule is raised more than any other reason. In fact, I see the 1% rule relied on m...
Aaron Van Curen
Indiana Multifamily Investor With Big Goals
Hey everyone,I have yet to officially introduce myself...so here I am. My name is Aaron Van Curen and I am currently a student at Purdue University studying Marketing (3 semesters left). I was an electrician for two y...
James Peever
Need help reviewing contractor bid
Hi BP
We have bought an investment property update Ny. This is our firsts major rehab job and trying to follow some of the BP ethos when working with contractors is proving harder than expected. This is the current q...
Tio Sam
How to choose a design?
Hello everyone,
This is my first post/question. I recently purchased a property with the intention of doing a fix/flip. I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise,...
Vish Rav
Seller not approving to disburse earnest money
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...