Alexa Ferguson
When Investing in Denver STRs, Don’t Ignore This Important Cost
The short-term rental (STR) strategy can take on a different form depending on the market in which it is executed. If you purchase a STR in an established vacation destination, such as a Florida beach town or the Smok...
Christina R.
"rent ready"
Would some clarify for me what the concept of "rent ready" is in terms of rehabbing - I see ads for properties being wholesaled whereby the wholeseller puts out the expected repair costs to rehab the home for a retail...
Jason Ehlert
Learning and from Michigan
Hello BP community,I am new to investing and have many questions but the one I am currently wrestling with is the fact that I want to understand figuring cash flow. I have read some books, blog posts, and am just cur...
Debbie C.
Where to post rental listing that doesn't dispaly rent history?
I was going to post a rental on Zillow group (Zillow, Trulia, Hotpads) but it seems like they display a public record of previous rental listings (including date and pricing) for every property, which I really don't l...
Garrett Blanchard
master lease or owner finance ideas
There is a 4 unit (1/1) units for sale by owner close to me. I do not have the down payment due to it being wrapped up in another deal. I am looking for ideas how I could approach the owner with a master lease or owne...
Linda Thomas
Itemized letter of deductions from security deposit
Hello,Tenant vacated unit and provided forwarding address. I mailed the itemized letter with deductions within the timeframe required by law. Tenant contacts me asking if I mailed him the refund. I told him i sent the...
Kimberly Rushing
Seller Financing
Many people proclaim the wonders of seller financing, and claim that one of the primary benefits to the seller is the "minimized tax burden." Can someone please walk me through exactly how this works? I imagine the na...
Zach Adams
House Hacking - Can only deduct rented bedroom square footage?
Hi All, I have a house hack which is a duplex. I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms. I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only...
Peter Eberhardt
Opinion on these cast iron tubs
Hello, I don't have any experience with cast iron tubs, from these photos are you able to tell if this is a "definite replace now" situation or a "its just a gamble if you keep them" situation? The upper lip around th...
Sarah Rodgers
Partial Claim on FHA Loan shows unpaid
I sold an FHA backed Condo in December 2020. I did do a loan modification in early 2020. Closing went well - all monies were accounted for in the HUD settlement statement including the $2800 owed for the loan modific...