Jon Loca
Poor Inspection
Hello BP,
I recently purchased a duplex as an owner occupier. On my first night at the duplex I took a shower, probably 10 mins, and my kitchen was flooded (my bathroom is right above my kitchen). It was a significa...
Steve DellaPelle
How Do You Handle Storage?
Hello BP!I was curious how other investors/landlords handle storage in their properties. I have a basement with a ton of room for storage and I've noticed this is a big selling point to potential tenants.I see it as a...
Dustin Twiggs
Due Diligence of Raw Land
I am hoping you guys can help me compose a list of items I need to research during my due diligence period here before I risk buying an unbuildable lot. The property is lake side with 100ft of shoreline. It's one of m...
Nolan Chandler
First investment property
Investment Info:
Single-family residence buy & hold investment in Surf City.
Purchase price: $479,900
Cash invested: $12,000
This is a short-term rental through Airbnb. This property was built i...
David Weskamp
Remodel and Taxes--Repairs vs improvements
Hello,I met with my CPA yesterday and we discussed my rental portfolio and remodels completed on recently purchased properties.She asked whether these were repairs or improvements. Apparently you can deduct repairs, ...
Brandon Holman
Co-Hosting a Mid-Term Rental in Texas?
Hey all,My business partner and I just started a real estate related business, and part of what we do in our business is Co-Host short-term rentals. However, one of our clients wants to use his home as a mid-term ren...
Josh Durham
Tax deductions for 1st rental property
Hello.I am working on my first rental property. My plan was to BRRRR it. I purchased it and am nearly done rehabbing it. But, I keep hearing various things about not being able to deduct repair expenses and mileage fo...
Richard Young
Tips and resources for US citizens looking at buying/owning property outside the US?
Hi There-Any US citizens out there that own property in a foreign country (and operating it as a rental)? I am looking at some opportunities in Spain, but want to understand what all the ins and outs of foreign owner...
Gus Muller
Fix and Flip #11 purchased off market using private investors.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $210,000
Cash invested: $15,000
Fix and Flip #11 purchased off market. First time using private investors. Investor...
Arthur Rivera
Need a quote breakdown for home inspection repairs.
Just finished my home inspection, and I have a list of things that need to be done. There is really no big ticket items but I do need them fixed either before I purchase or after. But I would like a breakdown of cost...