Hunter McDonald
Is it wrong to convince tenants to do house maintenance?
When I was still renting from other people I had a landlord that would always seem to find a way to convince us to do repairs around the house ourselves, such as fixing a toilet or the washing machine. He was a pretty...
Brad Newton
An IT guy with ambitions of investing
I'm a full-time IT Professional looking to build up additional streams of passive income. More than that, I've owned a SFR since 2009 in the Atlanta suburbs (30518) and am going to be moving to Florida next year.I've ...
Bruce C.
Rental Accounting Question
Good morning BP
Im attempting to keep accounting for our first SFH rental. We acquired the property oct 6th and have performed some repairs. The problem im having is the money we leveraged for property purchase and r...
Becky Wong Kaplan
Mold mitigation for SFR when tenant won't let you access the property (Calif)
Hello,
I am posting for a friend who has a SFR in CA (a tenant friendly state). The tenant claims there is mold in the house per some report from the City. They will not give friend a copy of the report and told fri...
Renande Emile
I purchased an HOA lien at foreclosure auction, bank owned
I made a mistake purchased an HOA foreclosure auction, now the bank schedule a date to foreclose the house. Please help, what should I do? thanks
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Ranjith K.
Tax write off mastermind course as business expense
I am planning to take mastermind courses for real estate investment business. Different programs costs $2000-$13000, yet to finalize. I wanted to know what's the best way to go about it so that I can tax write off tha...
Adoni Conze
HELOC VS Construction Loan
Hey BP community, new investor looking for a bit of information. Thanks in advance for any insight provided. I’ve recently started managing some family properties located in Philadelphia, Pennsylvania (I posted a simi...
Jin Zhang
Questions about the 4 point system insurance inspection in Florida
Hi everyone, I am an out of state investors and am interested in investing in Florida. But I heard the insurance is very expensive and difficult to get sometimes. There is a 4 point system, including no more than 20 y...
Brett Chien
typical flip process via HML?
Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...