Rik Hunter
Mid-term rental start-up costs
We're converting a long-term rental to a mid-term rental. It's our first go at this, and I'm being conservative with my numbers, like expecting as much as 3 months vacancy and including that in the cashflow calculatio...
Jackie Mesa
I have saved $30K is it enough to start?
Hi everyone
I am looking to get some advice from those of you who are already investing in property. I have saved and inherited some funds and have $30K in a savings account.
My question is could I invest with just...
Kris L.
Trying to understand why house isn't selling well
Hello,I finished up a flip in Dunedin, at 1545 Pasadena Dr and am puzzled why it is struggling to sell. It is only a couple blocks off the water, and the lot backs onto a very nice bike trail, but I am not getting mu...
Philip Sriployrung
Bonus Depreciation - Schedule E vs C
Hi everyone,I'm using a FreeTaxUSA to file my taxes. I currently own one rental SFR, purchased May of 2018. I did an online cost segregation study through KBKG. I was able to break out my depreciation based on the 5/1...
Dan Barth
Tenant claiming mold present - Help!
Hey Guys,
I have a tenant in Philadelphia who a few months back mentioned that she feels more tired than usual and wanted to test for mold. It was very vague/general request, in which I gave her the okay to purchase ...
Chand P.
How to lend huge amount to a friend?
Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...
James H.
First Deal Underway!
Okay, so I posted a question on general thoughts for a 12K cash house I was contemplating and got some much appreciated responses. Tonight I am going to hand my deposit to the wholesaler and cross my fingers. This who...
Faisal Sami
$34k Duplex with $400/month positive cash-flow
Hey everyone
Here is a deal I closed on in January. I bought a duplex in Cleveland for $27k and put in $7k in fix up. I get $950 in total rent, $475 each side. I have a seller financed note for $19k and my monthly pa...
Brandon Tom
Purchasing a home in San Jose from a hoarder/cat lady
Hello BP community!Long time listener, but completely new to the forums. I have never done a deal before, but have done tons of reading and listened to about half of the podcasts. This is complex, but I will try to su...
Chris Heeren
Security Deposit when Evicted
I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...