How to calculate rehab cost and report it?Say, you bought a property for $100K and rehab costs $50K, no income. can you report loss of -$50K ? plus deductions from tax, utilities?
Intel plans to build America's first chip factory, and possibly the biggest in the world. They are estimated to spend over $20 billion on construction, with some estimates ranging to $100 billion. Construction will ta...
I live over 2,000+ miles away from the duplex in OH. I depended heavily on my property manager to make this rehab project a success. I like out-of-state investing, particularly in OH, because a lot of multifamily buil...
Hi all, I have a property built in 1980 with original windows that are definitely showing it's age. I met with a window contractor (America's Best Choice) and the guy presented me the option of getting windows that m...
http://www.deseretnews.com/article/765606100/Reclaiming-Americas-social-compact-through-entitlement-reform.html?pg=2
I hope people will take time to consider this article and the charts/graphs that are in it. Those t...
I enjoyed reading everyone's posts about professional PM versus self-management. I'm specifically wondering the following about "A Properties" ie those new/newer properties in good areas with good tenants, but not...
It’s 2021: historic low interest rates, home prices continue to go up. Ironically unemployment rate is up and it is extremely difficult to evict tenants for not paying rent.It sounds like a ticking bomb to me but I do...
Hello Everyone.
My name is Steven and I'm located in New York. I'm CEO of a company that is in the process of launching a social lending platform for foreclosures - similar to Prosper.com and LendingClub.com except ...
Using credit cards for renovation projects is a smart way to save money. By opening a new credit card before a renovation project, you can take advantage of cash back bonuses and rewards that many credit cards offer. ...
After listening to BP Podcast #306 I realized I wasn't spending enough money on my personal education/development. I want to take my self education to the next level. For the last year I have been listening to all thi...