Kazi R.
Security deposit refund: pissed off tenants
I have a tenant move out recently from a 4plex that I bought last year. She left me a horrible mess! I am spending about 4k to fix up the place. She noted no defect with the unit on the move-in inspection check list (...
Kate Cavanaugh
Is the 1% rule that important?
I’m currently in the market to purchase my first property with the intention to homestead, live there for a year, and then rent. I am having a hard time being able to follow the 1% rule! The rule says the gross rent o...
Mikhail Petrenko
1 -> 4 units in East Bay Area. Should I do it?
Hi everyone!Long time reader, first-time poster.I found OFF-market property in San Lorenzo (East Bay area). There is 1200 SF 3 bd/2 ba old house sitting on 9000 SF lot with grandfathered duplex zoning.
Appraisal for ...
Jose Quintana
what all if a seller agent hasn't submitted my offer.
Hello everyoneMy wife and I are looking to by our first house. It has been a hard one to say the least. Being out bid, sellers pulling house off market, etc. any way we recently found a home that we lived in Northern ...
Marc Shin
STR's with pools?
Hello. Does buying a STR with a pool put you at an advantage and increase revenue because it's more desirable for STR tenants? Is the maintenance of the pool worth the hastle?
Chris Herring
Tax Strategies When MAGI Exceeds $150,000
Hello, I'm a long time lurker but I believe this is my first post. While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...
Patrick Fricchione
Cost Segregation Analysis for primary residence
I have an investment property in an LLC acquired through a 1031 exchange. Should I decide to demo the property in 4 years and rebuild, can I do a cost segregation analysis and use it as a primary residence or will the...
Hares Najand
Concerns with Property Management in Chicago Area
Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...
Lisa Leary
Trying to Wholesaling a property that is listed by an agent?
Can I Wholesale a property if it’s listed by a agent? If so.. How do I go about it?! Thank you in advance to anyone who responds to this post!!!
Anita Z.
Real Estate Investor Tax write-offs
Hi, What do i I need to write off travel that is used to look for a property to invest in?Do I need a business license ?Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or ai...