My name is Richard Brown, but I go by Gene (It's short for my middle name). I am currently attending school at Penn State - Harrisburg for a Mechanical Engineering degree, although I am not sure if I will continue on ...
Going through my first property using BRRRR method I'm at refinance stage at about two months in trying to refi but most banks are requiring 6 month seasoning so looking for advice. I found a couple banks requiring 3 ...
If I have an out of state absentee willing to sell me their property, how would I estimate the repair value of the property? Are they going to mail me keys so I get into the house? How do people typically get into the...
This is going to be interesting. I have a 5 bedroom house that I've been using for Airbnb and also occasionally roommates. During the quest stay, I agreed to have a verbal agreement with a roommate for $140 a week. ...
Can't evict... Do I call CPS? Do I call the health department? Or do I offer to give them their money back if they leave as my lawyer advised? All of the above? I have a duplex with a tenant one on side who is livin...
After adding a third "Bedroom" to a rental home but shortly after decided to use it as a STR instead of LTR. We are torn as to what actually attracts more bookings. Should we set it up as a media room, gym, or furnish...
I have a rental two unit building which has a main entrance door that tenants tend NOT to shut because the door opens either by key or someone physically opening it from inside which is a hassle for the the upstairs t...
Hi BP and especially my Miami BP,
Just wanted to shout out my latest fix and flip deal that closes this week. Had a few bumps especially with COVID taking over this summer. However with the market heating up, extreme...
Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...
I have been reading about depreciation recapture and understand it pretty well. However, there is one question I cant seem to find an answer to. Upon sale of a rental property I find that I have a capital loss. How...