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Results (7971)
Oscar Trejo BRRRR possible with high DTI ratio?
4 February 2019 | 1 reply

Ive been recently put in a situation we’re I have to help my mom do a cash out refi on her duplex to buy out one of the other owners. I was planing to do the BRRR strategy and purchase my own multi family soon but due...

Andrew B. What is the best way to tie up a property?
3 February 2010 | 14 replies

I am getting into short sales and was wondering what you all are using to tie up properties. From what I have read there are three popular methods...

-warranty deed
-land trust
-option contract

Thanks for your input!

Mark Kudlach jr. Septic Tank Advice That Will Save you Money!
11 July 2019 | 3 replies

Hello BP,Figured I would provide some free advice that could save you an emergency rate call averaging from $125.00 to $450.00 sometimes more depending on which part of the country you live in. As a licensed septic in...

Joe Donohue Fair Property Management Company in Indy
13 April 2020 | 5 replies

Hello,Our company has several properties throughout Indiana.  Some are self-managed, others we use management companies.  I am shopping for a fair Indianapolis property management company that does not survive on rand...

Mary Jay Can a fishy accountant get you in trouble with the IRS? And how to prevent it?
17 October 2023 | 8 replies

Hi guys,I have a question for you:I have an acquaintance who went to jail for tax fraud. He says another big business came to town and wanted to buy him out, but he refused. So that business sent a couple of accountan...

Wendy Jiang Furnace Broke Down in Rental
16 January 2022 | 10 replies

Hi all,I am wondering if I need to compensate the tenants in this situation and I am looking for your advice:Wednesday: Tenants called and informed the furnace was not working.Thursday (today): The technician evaluate...

J.R. Smitherman Creative Funding for Completing Renovations
14 January 2019 | 2 replies

Hi everyone! I'll detail my current situation below. I bought a house in October for approximately $171,000. It was a foreclosure. When the lender had the property appraised, it appraised for $235,000. With that good ...

Joe Taylor Home modifications an Expense or CapEx?
22 July 2016 | 4 replies

I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.

Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...

Nick Miller Fence Replacement and Painting
2 March 2021 | 5 replies

Hi BP. I have a 3/2 rental in Mobile, AL rented for $855/month and am looking for options for getting the fence repaired or possibly replaced after storm damage. Existing fence is white picket at the front, and 4’ pri...

Amit Chawla 2 out of 5 rule and qualified vs non qualified use
15 March 2023 | 6 replies

Purchased a primary residence in March 2017 and lived in it until Jan 2020, then rented it out until May 2022 and sold in June 2022.  We owned this residence for just over 5 years and lived in it for at least  out of ...