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Just curious what some of you syndicators plan to do where you have been buying 3, 4, 5 cap "value add" deals. If rates move against you, what is the plan? I have no dog in the fight but aside from the 100% bonus dep...
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Still trying to understand what we have to do to accommodate a service animal, but long story short, we have a tenant (the only person listed on the lease) that we have noticed the smell of dog and cat when our lease...
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I made an agreement with my tenant to break the lease. They asked to leave on the 1st, but I told them they need to leave on June 30th since their rent was only until the end of the month. I told them they would need ...
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Hey BP,I’ve been planning to post about my first deal for several months, so here goes.Summary: This was a wholesale deal in Duncanville south of Dallas that I put under contract for $64,000 and sold for $76,000, part...
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I found a deal in my local market here in Baton Rouge where a seller is willing to sell his duplex, that is not currently on the market and he is open to possibilities of carrying a note for a small portion of the pur...
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I am calling BS on agents saying ‘major room for rent increases.’ I have not bought a rental property (yet), but I’m researching the possibilities. I am highly skeptical that a new owner can just come in and say ‘hey ...
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So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
I’m not sure whether to buy a house or wait because houses are going to crash soon?
Hi Everyone -
I recently joined the BP community and I am looking forward to networking with like minded people.
My partners and I have recently purchased 3 properties in the Philadelphia area. As part...