I need/want a pickup truck and was wondering if I would be able to write it off as an expense for the rental property. I own a 2 family and would use it mostly for work around the house. I would like to mention I li...
Hey, BP!My grandfather's Alzheimers is coming to a head and he's needing more attention and care. Over the last three years, my brother and I have been helping my parents develop their rental portfolio so they can ret...
HelloI have 3 rental properties and want to double check for depreciation best practices.Rental 1 Net income : -13,500 (Due to a lot of repair/renovation)Rental 2 Net income : 6,000Rental 3: 3,000So i thought, I don't...
Hello BP, I'm looking to invest in my first rental property, however I'm living in NYC right now but I'm looking to invest in a more affordable area maybe an hour or two away from the city. Does anyone have any ideas ...
I only have one property. I don't anticipate buying more anytime soon.For personal finances, I used MS Money and now Quicken. I don't have a lot of maintenance, other than replacing appliances over time. I self-man...
Hi everyone!Newbie here, I currently own a single family home as my primary residence in TX. I received a promotion at work which now requires me to move to a different city in TX.I have a FHA loan on the property and...
Any one tried HELOC loans on investment rental properties successfully around Atlanta. Please advise
I have a SFH rental property in Everett, WA that I’d like to use for a HELOC. Does anyone have a recommendation for a local bank or CU (or national one for that matter) that offers HELOCs on rental homes? I know they’...
Hi BP,
I'm looking for a cheap video surveillance option to keep an eye on my rental property. This was a request of a tenant who had her vehicle stolen from the driveway, and something I want to do to ensure my ten...
Hey everyone! I am working towards purchasing my first rental property in the St. Louis market by the end of 2017. I wanted to see what peoples thoughts and experiences are on funding rental properties without having ...