Hi, my name is Brad and I'm as new as it comes to investing in real estate. I live in Langley, work full time in Richmond and now invest in Kamloops. We took possession of our first property Jan 1, rented it back to...
Hey All,Finally just closed on a one room schoolhouse that we are going to rehab and turn into a STR (posted before about it, and its been a roller coaster to finally get to closing).My question is, its currently zone...
Would love to connect with anyone who has been successful flipping houses in Suffolk County, NY.I've been eyeing the Mastic/Shirley/Mastic Beach area. I have a general understanding of the marketplace but have conce...
Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...
I own a 5 unit apartment building in Berkeley, CA. A long term tenant wants to play the role of onsite manager. She claims that the laundry room and trash cans needs upkeep.She offered this service to get some discoun...
Hello BP community,I am a newbie landlord and I have rented one of my units (SFH with 3 bedrooms/2 baths) to an older couple and their adult daughter. They have been wonderful tenants so far. The mom recently told me ...
In May 2016, we purchased 4 CFD's in Ohio. I wanted to share a brief update on what has transpired since then. The CFD are located in Columbus, Akron, Toledo, and Dayton, they are no longer notes, they are now REO's.....
Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees. They are also smokers and their unit is horrid. They are month to month. What are common practices to remove...
This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?
First of all, thanks for reading this post. Here is the long story made short.#1 I purchased a half acre lot in 2012 for $15,000#2 I teamed up with a builder and signed my property over to him, he then got a hard mone...