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Here's the situation: I have a very old 5 unit building consisting of 3 floors in the front and 2 floors in a back section that was added on at some point. My issues are concerning the 2nd floor units in both front a...
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I have 3 rental houses and I'm embarrassed to say that I've never had them had them sprayed by an exterminator for pest control. Can someone please recommend how often I should have them sprayed and is there a specifi...
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Hi there,
My elderly father owns a home in an affluent part of Northern California. He purchased it in 1982, so it has a low basis (and tons of deferred maintenance). He'd like to fully retire and sell it and then to...
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Hey everyone! My first post on BP so I hope shots fired! Allow me to explain in short how my current tenant and I seem to work out.My tenants are from Brazil and have been amazing. My monthly profit is maybe $100 and ...
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Hello, I'm relatively new to investing in rental property and have a potential prospect that' I'm under contract for. I am at the end of my due diligence timeframe and have to make a decision by the end of the day or ...
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Dear ICSC Member,In the wee hours of this morning the U.S. Senate passed its version of a tax reform bill by a 51-49 margin along party lines. Senator Bob Corker (R-TN) was the only Republican to vote against it due t...
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My wife and I finally fixed and flipped the large "Nightmare" house that I have talked about in prior posts. My accountant said that we would have to pay over 40 something thousand dollars in capital gains unless we d...
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Hello,I live up New England and have the opportunity to buy a rental (a house) in Cape Coral, FL. My question is, Does the Renter pay for the water treatment material like salt and conditioners, or should I supply th...
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Hello experts,I was wondering if a single family new construction project could be structured to benefit from a 1031 exchange. If yes, what’s the requirements?Concept: buy an old house, knock it down, build a new one ...
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Recently I have been seeing a lot of negative posts about how there isn't a way to invest in real estate in the current 2023 environment. (High prices and even higher interest rates) I am here to present an option to ...