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Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
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Hi!We used a real estate agent to rent out our home in Ca last year. Long story short, she yelled at my husband and me on the phone, lost us a month of rent (due to having us sign an addendum we knew nothing about but...
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My wife and I are about 3 years out from retirement. Both kids will be out of the house and we are looking to downsize. We have identified one of our rental properties to be our primary residence when we do this. We h...
Hello BP family! I wanted to post a screenshot of the real estate time log we have made available for clients. We try to keep it simple, and provide examples in the guide for people that are not sure what counts and w...
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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 ...
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I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...
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I am looking at purchasing a 38 unit apartment complex in Maine. Our area is a bit cheaper market than other places in the US. The property is in an excellent location. Right in town and walking distance to hospitals,...
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Hello BP - will keep this brief but feel free to ask questions if you need clarification.I live in Chicago and bought a duplex in St. Louis last year. That has been performing decently, and I wanted to move more fund...
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Hello BP multi family members,I am exploring the idea of of a new contracting business focused on the multi family market and want to gauge interest from the people like myself who own multi family property. I have be...
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Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 year...