Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Brandon Allen Willis
Partnership where 1 partner would live in the investment
Hello everyone - thank you for clicking in here!I have a friend/acquaintance that I have known all my life. We aren't super close, but we trust each other and we're both logical people with decent incomes and are cons...
David P.
What insurance company do you use for short term rentals?
Here is Los Angeles I tried getting a few quotes and there are not many options it seems. State Farm does not offer short term/vacation rental policies. I got one quote from American Modern and it was on the steep end...
Jason L.
One Tenant Pulled a Gun on Another. What Would You Do?
I recently bought a duplex with one inherited tenant with a lease through May 31 and the other side vacant. The vacant side tenant moved in a few days ago, but there was already an incident (duh, you've read the title...
Weston Bovee
Realtor vs Real Estate License for Making Offers
Hello, am just getting in to the realm of Real Estate Investing in the Denver, Colorado area and I'm here to ask a question about a particular aspect of finding a good deal...
Currently, I have a W-2 job in sales tha...
Jeremy Porter
Mastering Rental Property Finances: A Property Manager's Guide to Expense Tracking
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Sergio A. Chucaralao
What questions do you ask in the pre-screen, for potential tenants?🤔
Hello BP community, I self manage my properties and will be soon completing a full gutt renovation. I am looking to open a conversation about the pre-screening for potential tenants. I currently have a 25 questions p...
Mason Griffin
Househacking after college with twin brother, both military!
Hey everyone! My twin brother and I will be graduating with bachelors degrees in finance this December from the University of Wisconsin Whitewater. Both of us are in the army national guard, so only about $15,000 in d...
David Jonsson
unlicensed activity
I got a letter from Wisconsin Department of Professional Services Division of Legal Services & Compliance. They received a complaint from someone on my direct mail list of probate properties. My marketing lett...
Matt Hatton
Full time wholesalers
Who here is a full time wholesaler? If you could go back to the past and talk to the ‘you’ that was JUST starting out before having closed your first deal, what would you tell yourself knowing everything you know toda...