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I currently work full-time at a University and have a rental business. I've been trying to think of ways to connect my worlds and bring 'education' to my low income tenants. Some thoughts I've had:a) turn an attic i...
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Hello. My wife and I are buying a rental property and we are a little confused about how we will have to account for some improvements we may want to make. Will we have to depreciate any of these or can they be deduct...
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After I bought a property, I had to replace the water heater right away as the old one was rusty and leaking. Of course I could not rent the property out without water heater being functional. Is it operating expense ...
I’m an investor new to Sheriff’s Auctions here in Washington State and have some questions about the Redemption period and what the successful bidder can do with the property.The property I’m looking at is not occupie...
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Essentially I have a contractor who bills me hourly for jobs. I keep him extremely busy with investment properties - whether it be rentals or flips. Great relationship at this point. Currently, he just gives me a week...
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Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
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Have you ever had a lender tell a prospective buyer of one of your flips that within the first six months of you purchasing, rehabbing and listing the property, they (the lender) wouldn't loan on a property that wa...
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I finally have my first short term rental property in Puerto Rico and have been extremely busy with improvements and setting it up for rental. Since it is ocean front I have been getting a lot of inquiries about the ...
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When renting any property you own, it is imperative that you locate reliable and trustworthy tenants to ensure your home is cared for and the bills are paid on time.
Advertising for and interviewing tenants is much l...
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Hello BP community, a connection I know is selling their house. They want to put it on the market by the end of the week with the reasonable asking price for our location at 389,900. The owner could probably make 385...