Rob Bianco
Out of State Investor
Hey !I'm a beginner to real estate investing from the NYC/Philadelphia area. Creating good cash flow is my primary focus, but pretty tough to do in my neck of the woods so after much consideration I'm looking to inves...
Sachin Amin
Tax deduction on rental property expenses (Tax season 2021)
Hello BP community - i was looking at IRS website to see if I can deduct closing costs for all the properties i purchased in 2020
Ref: https://www.irs.gov/faqs/sale-...
FROM IRS Website-----------------------------...
Nathaniel Porter
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi, my name is Nate. I'm new here and to realestate investing. I have a question about th...
Mike Dawson
Cable, Streaming, TV options for 20 doors?
Hi all. I'm buying a 20 unit motel that will be converted to extended stay and expect guests to stay month to month, and beyond. I'm trying to keep costs low while providing value and so I'm doing some shopping arou...
Rick Dreyer
Refinancing for immediate cash vs leaving lines as is
Hello, we own four rental properties in Arkansas, all on 15-20 year mortgages to pay them off quicker. All have appreciated at this point, and we are wondering if we should be changing our strategy. Initially, we were...
Lance Johnson
Land during economic downturns?
I've been investing in rural vacant land for the past couple of years and am looking at diving in more.That said, I haven't had to live through a downturn 🙃.The big things I've thought of are:1. Sales price of land we...
APRIL S.
Owner Financed Tenant Abandoned Property-How Do I Take It Back
First of all - Thank you to anyone who can offer advice on this situation. This home is in Volusia County Florida. I need advice on how to redeem a property that was owner financed to a tenant. The tenant stopped payi...
Norma Wallace
A Note Question To This Forum on Why...
I know for a fact from the last Call Report on a bank I have located, that they have $109,000,000 in non-accruals. I also know they have the reserves to cover selling these assets. I made contact, (I thought) with t...
Jacob Martinez
New to real estate from Chicago, il.
Hey everyone in the BP world! I'm new to investing here. Always wanted to get into real estate just never had a plan or guidance. I found BP and now the sky is the limit! Just finished reading BP's book on "investing ...
Megan Dwyer
Duplex: 1 structure, 2 deeds. Need 2 insurance policies?
Buying a side-by-side duplex in Kansas. It is all one physical structure, but is 2 deeds. One unit's front door faces east, while the other front door faces south, so the two units have different street addresses. Giv...