LuAnn Vigen
keeping track of the basis of a rental
I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...
Dan Dunmire
New house bad fence line.
Hello BP. Well the time had finally come after all the books, research, and searching for a property that fits my investment strategy; I've bought my first house cash. It was a foreclosure the is distressed. I should ...
Stephen Dickey
Desperate need of some 1031 Tax Exchange Ideas
Hello!My business had a recent shift of direction and strategy for our company, and it will involve us selling all four single family properties we own. I am wanting to transition into multifamily, and doing so will a...
Grant Edwards
A 4% Deal For 1st Rental?
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...
Matt Mayotte
Need some help on a direct buy from seller
Ok, I might have a deal tomorrow with a seller who has inherited property from a relative and sounds pretty eager to sell. There are other buyers interested so I will need to move fast but I want to make sure I do th...
Brendan L.
Would love your help analyzing first duplex, Massachusetts
Market: "Urban" area in Berkshires, MA. Area is projected to be in population decline, however, I see rentals as a better option for people moving to the area because they, like me, aren't sure they want to stay and h...
Amanda M Laird
Analyzing a 25 unit apartment
So Im working towards investing in my first multi-family property. Ive listened to many podcasts for months, and have read a fair amount of books on the matter as well. I know the next step is to start networking, a...
Bei He
Suggestion appreciated: Area to buy and hold at Orlando?
Orlando recently draw my attention for potential next purchase for buy and hold. I'll be an out of state investor and manage it remotely. Based on my past experience, I like to focus on SFH and for longer term lease (...
Dain Caesar
What are best ways to find deals with-out using the MLS
What are best ways to go about finding deals with-out using the MLS???
Christopher Nerio
How to best handle boarder income?
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...