Zachary Morgan
Inherited Home with Structural Damage
Looking for some insightMy mother lives in a home built by my great grandparents, she is getting older and can’t afford repairs. She has offered to put the title in my name if I take on that damage. Some background on...
Timothy Mitchell
First Multi Family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Westbrook.
Purchase price: $376,000
Cash invested: $20,000
4 Unit found on the MLS.
After acquisition:
Utilities were se...
James Hedgecock
Owner's liability when a contractor damages tenant property
I recently had a contractor that disposed on a tenant's personal property while doing a job. the contractor admits fault and wants to compensate the tenant, but the tenant is claiming a value much higher than what the...
Asish Balu
Claiming loss on a house hack using DMSH. Also, CPA or TurboTax?
Since tax season is coming up in a couple months, I want to make sure I understand my optimal tax strategy.
I will be claiming the standard deduction (12K) on my personal tax filings. No way I can match this amount w...
Dillon McGough
To LLC or not to LLC?
Hi all,I'm currently at the point where I'd like to actively pursue my first investment property, but I'm wrestling with whether or not to set up an LLC. From my understanding, if I'm going to set up an LLC, that's t...
Robert Niessen
Lease term has ended but tenant not vacating, now what?
Hi folks, looking for some advice. We bought a duplex at the end of December 2016, our first. We inherited one tenant which has proven challenging. Not long after we took over ownership the tenant approached us and...
Kelly Kuhlow
New member intro (Navarre,FL)
Hey BP Community,
Long time lurker, but first time poster. We (wife and child) just relocated to Navarre (Pensacola) to be closer to family (Baby loves her grandparents). I was previously employed as a firefighte...
Jim L.
Deal analysis capex and rehab cost
I just watched the webinar last night and I've been struggling figure out real numbers for cap ex and rehab cost. So so far I have done five Brrrr's and the rehab cost have not been between 18k and 25k do most the wor...
Jason Lecker
First time direct mail campaign: How do I convert leads?
I'm looking for some wholesaling advice.I'm in the middle of my first direct mail campaign, targeting high-equity properties in some growing areas of Charlotte, NC. I've got the mechanics working well enough: parsing ...
Stevan Garcia
Property Tax Appeal for SFR in Florida
Hello Fellow Investors! I hope someone in this virtual box could help me how to best present evidence to fight a property tax appraisal on Florida. I have filed an official petition and now I must present my evidenc...