Reynold Orozco
Investors getting their Realtor's License
I am an investor and thinking on going for my Realtor license just to get access to the MLS and get comps ASAP. Also to sell my own flips to save commission cost. I want feedback from the Investors who got their Real...
Tawny Bloom
Buy or rent hot water heater?
Our tenants just signed a new 12 month lease starting June 1st. Yesterday we noticed that the hot water heater for that unit needs to be replaced. We have two options for replacement: 1)buy a new one (we own the cur...
Jorge Abreu
Determining your in-place expenses 🫰
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
Arnie Guida
New Roof, Expense Or Depreciation?
I would imagine I have to depreciate it... but the bill is separated into materials and labor.Depreciate the materials but expense the labor?Thank you,Arnie
Chris L.
Buying a residential lot that has a slope to it.
There is a lot for sale in a well loved community and I thought of buying it and holding it or possibly building on it and selling the property. The owner is selling their home and wants to sell the lot with the home ...
Ryan H.
Paying Down Mortgage with HELOC?
Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense. I am feeling confused about it, because the terms of each are so different. The mortgage is a long-term, fixed r...
Morgan Smith
First deal - analysis help
Hi there, I'm brand new to this site. Can't even believe a resource like BP exists - there is so much valuable information here and such a supportive community. Just trying to wade through it all with the goal of ma...
Raymond Garcia
STR Investment Calculations
I'm new to this forum. Reading "The Book on Rental Property Investing" brought me here with hopes of learning from others' experience.I'm very far from from making an investment. I am currently trying to evaluate area...
Charles Mangum
What to doif no income statement for multifamily REO for sale?
I'm looking at a 24 unit in a small town. The property is bank owned and is ~50% full. The bank has been telling the onsite manager not to lease the property for the last 6-8 months. I'm assuming one would just hav...
Sharyn Umaña-Angers
Too good to be true?? Has anyone had this experience before?
I have a SFH in Southern California that we are trying to sell. The tenant has just moved out and we can now begin repairs. A local woman who has lived on the same street for many years has offered to pay us $1,500 pe...