Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Sean Salandy
Massive Mold in Home - Deal breaker?
There is a house that I see a listing for that seems to have a massive amount of Mold and water damage in the finished basement which includes a bathroom. It looks as though the mold is from floor to ceiling. I have n...
Holly Horn
Including Utilities in Rent Pros/Cons?
Do you include utilities in the total rent? Pros/cons? Renters are looking for affordable listings, what do you do to make your listing stand out?
Mike Imbriglio
Analyzing a Deal in Tucson, AZ- Advice from Local Investors
Hi BP Tucson,I hope all is well, and that you are staying safe out there. I'm somewhat of a newbie in the REI game and the strategies I've focused on are wholesaling to find deals and network, and buy and hold. Anyway...
Sherrie P.
Location considerations for a vacation beach house
Someone else posted the question below, but I don't think anyone responded. So, I am re-posting because my husband and I are in the exact same situation. Any advice?
My husband and I are considering buying ...
Arary McGowan
1st Wholesale Deal On Track To Close Tuesday
I have my first wholesale deal on track to closing on Tuesday. It was a deal I found in Milwaukee , WI. I live in New Jersey. I did a direct mail campaign and got a few calls. Most of the owners were out of state and ...
Michael Robinson
Short Sale bought with Self-Directed IRA
I bought a short sale in Jan 2013 for all in of $54,000 with Self Directed IRA. My plan at the time was to spend about $15K and rent for approximately $1200. The seller, who entered into short sale, approached me at...
Mellissa Ruiz
Struggling to find tenant
I just bought my first rental property about two months ago. I put the property up for rent just over a month ago. I’ve had many inquiries and only one application that did not meet my qualification standards. Going o...
Tyler Brown
First investment property - Single family vs. Multi family
I've been researching purchasing my first rental property in some low property values/low tax blue collar areas for a while now. One of the main things I'm trying to decide is if I should go for a SFH, or a 2-4 unit ...
Ronnie Mossotti
Nightmare demanding tenants- advice
Any advice would help:I have a property that had a sump pump break and water come into the finished basement of a SFH. The tenants emailed and called a couple days after the rain storm. I dispatched my handyman to ass...