I've been considering a strategy of buying properties that I can rent out (with minor rehabbing), continue improving the property while it is a rental (taking advantage of the business expense tax deductions) and then...
So I'm in a pretty undesirable situation right now. About a month ago I had a contractor replace a roof that got damaged from a storm but when they had the shingles off another storm blew through overnight and blew th...
Hello All, I have been viewing some of the topics online and listening to the podcast, but so far this is my first post! I was hoping that I could reach out to the BP community to get some feedback on the best way to...
Hi Everyone,I'm looking at buying a Single Family House and converting the attic into another bedroom and have a couple questions:1. The attic has two exits, the stair leading to it and window right next to the stair...
I'm looking at a smaller deal where the financial statements are not well-specified. It's a mom + pop owner-operator situation.For instance, it looks like they may have put large capex expenses under "repairs." I see ...
In Chicago it's common for multi-family buildings to have a coach house behind the main building, which 120 years ago was legitimately for storing your horses and carriage, but now has been converted to an additional ...
In the inspection report I received on a home in in the process of buying for a rental it states that the outlets are not grounded. Is this a diy project or will I need a professional and if so how much would that cos...
I keep seeing these super large concrete buildings going up even where there are empty buildings available a block away. These are financed and available so they aren't built for a specific purpose. I'm trying to unde...
Newbie question - I'm interested in investing in a condo as a rental property. How does one know before putting in an offer if the HOA will allow the unit to be rented (not owner occupied). My understanding is that mo...
This is my first time venturing into a short sale where I made an all cash offer to purchase a property back in April of this year. I have been in constant contact with the realtor/short sale specialist and they assu...