So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...

Dear BP friends, hope you all had a great Thanksgiving holiday! A tenant of ourshas just complained today about vent cleanness after he lives in the unit for 10 months. He sent us a pic of the ceiling after bathroom e...

Hey all, newbie to Note Investing here. I am currently working on opening a self directed IRA and would like to use it to buy a few notes to start. Can I buy non-performing notes in my IRA or only performing? Aren’t t...

Let's for a moment take the politics out of the plan to allow 4million immigrants to stay here per executive order.  I don't want to debate the left or right.  I know we all have opinions and most are quite strong eit...

I got a call from a Lieutenant of the very fascist Boxford Massachusetts PD today. I say this because I've dealt with them before when I used to do door to door sales. Anyway, he called me and told me my direct mai...

I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...

Question: With a no pets policy, tenant brings a doctors note stating she medically prescribed to have a service dog to counteract anxiety condition, she moved in without a pet and knew the policy beforehand. Other Te...

I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers

ARV = $575K

Repairs = $100K

Selling price after my fee = $325K
...

I own a duplex in a nice quiet neighborhood. Both sides are rented out by fantastic long term tenants.
Recently new neighbors moved into a rental across the street. From day one the tenants have been completely absen...