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There's a lot of uncertainty floating through the air recently.When you speak to hundreds of investors each month you begin to notice trends.With the recent down-turn in the stock market, speaking with investors recen...
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Hello everybody this is my first post and I sincerely appreciate any feedback. I am 24 years old working a (mostly) cash job so my income on paper is insufficient for a loan and my credit isn't great. I recently came ...
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We had a showing at one of our C class properties yesterday, and a propsective tenant came in with a boyfriend. She submitted an application (incomplete, and that in itself is a red flag, short rental and employment h...
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So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
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Hello BP, I currently live in a home I picked up Sub2 about 2 years ago. The goal was to buy it, live in it while fixing it up with some sweat equity, and sell with no capital gains tax. Find a new place creatively, a...
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Are there any other agents or investors using the Featured Agent program? What are your thoughts? I looked into it, and its disappointing. Maybe your experience was good, and I would like to hear about it.
It's di...
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Alright so obviously if you do all the repairs yourself you're going to save a ton of money. Its great because you save money. Saving money is the key to living a great life.FORGET THAT!I just prepared and painted a s...
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Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
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When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?
M...
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Hi All,I'm an investor renting out a property in Northern Virginia. I have a tenant problem - please help with your advice.Here's the story - this large house is currently rented to a group of 5 tenants (2 of whom are...