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Hey BP family,Wife and I are renting our upstairs bedrooms. we claim the rents on our taxes, we have a real lease, BG & credit checks, ect on tenants. we've been doing this for about 15 months. Can we, After two y...
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So I'm seeing that a lot of SFHs in DC splitting the top and lower levels into two different spaces to rent out. Many of these basement units have what are called 'wet bars'. What do they mean when they say this? Is i...
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Hi, I am a 24-year-old recent college grad living and working in Dallas, Texas. When I was about 18, my parents bought a house in my name. My parents paid cash, and the home was set for me to move in after college. Ho...
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Hello BP - I purchased my first two properties in WI and NC this year and will be looking to add OH properties in 2020. Does anyone have recommendations for a CPA and attorney that would be able to cover these markets...
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I bought a property that has a house and a warehouse on the land. I lease the warehouse to a business for $3k/mo and lease the house to a private resident for $2.7k/mo. Property is in unincorporated county land with n...
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Hi, I am sure this question has been asked many times, but I like to get the most recent answers. I have a rental property that I am going to sell. Before I sell the house, I may need to do small renovation and for th...
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Where would I find rents for SFR in High Rent Zip Cities for 3-5 Bedroom for Section 8 tenants?Visited HUD.gov and emailed HUD as well, awaiting response.Can someone guide me through this?ThanksKishore. P
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Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...
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I'm looking into deal in Philly for a $250k triplex. I'd be jointly purchasing with one other person (we're not related), and he'll live in one of the units (I will not). He has great credit and more than enough inco...
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I'm under contract on a cmx-1 building with 3 units. The top 2 units are residential and the first floor is in shell condition. The first floor is permitted for commercial/office use however I'd like to change it t...