Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
Christopher Dorsey
Need help with 1st deal - ASAP
Hello BP,I'm back with another question. I have a 'semi' motivated seller. I do not know what kind of deal to do in my situation. Here is the breakdown of things.Sale Price: $213,506 (She's going to sell to me for ex...
Michelle Miller
Background/credit check fees
I and my husband recently tried to rent a house. We filled out the application form that she had at the house that she handed us and I emailed them to her. She wrote back and said thank you I have reviewed it, but I a...
Tracy Edwards
How to know where to start?
Hi! I live in Maryland and want to start and have read the book and lots of stuff online, and have a zillion questions.where’s your top site to go to research - do you recommend the pro membership to crunch number - a...
John Stewart
Purchase an existing rental business, plus acreage to build on
Hello BP,We found a deal that could be a fantastic buy. The house is rather large, comes fully furnished, sits on about 3 acres and has been a successful STR and events venue. In addition to this property, there is ...
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REO Purchase
New here! Lots of helpful info I have found, thank you all. Hopefully one of you will be inclined to steer us in the right direction. We are looking at purchasing an REO owned by (countrywide). The property is located...
Coby Herzog
Seeking other agent advice! Thank you.
I am in need of some professional advice on where to take my business for the upcoming years, and of course this is the best place to do it!I will list my questions first and see if that helps: Should I move brokerage...
Curtis Harvey
This is my first deal and I would like to know if I should?
I am trying to put my first 4 unit property under contract and here is the deal:I went on zillow and found a property I liked. I called the listing agent and he said that his client did not want to give up the financ...
Sarah D.
Adding parking to a Multi-family in San Diego
We'd like to add a parking space to a 4-unit complex in San Diego. Right now we have 3 spaces, but it would be ideal to have one space for each unit. Adding another space will likely require a curb cut, so it won't ...
Terry Landon
PM fee for new tenant lease?
I'm just curious if it is industry standard for PM companies to charge 100% of first months rent for new tenant leases?