Jeremy Kuchenbecker
Property Taxes Doubled After Purchase
I purchased a duplex about a year ago. I just got a letter from my lender stating my property taxes were going up, almost double to what they were previously. Is that normal? Is that even legal? Still a great income p...
Alan A.
HOA Demands Outrageous Move-in Fee. Legal?
Hello again BP,Thank you in advance for taking time out of your busy days to consider my problem.A rental condo that I own in South Florida recently passed a new rule: a mandatory NON-REFUNDABLE move-in fee of $300. I...
Account Closed
Should my Fiance Get a Real Estate License?
My fiancee and I have been long distance for the last few years, but we're finally making the plans for her to move to California in August. The major issue we're facing is that we don't know what she will do for work...
Matt Pagano
Delayed financing and Cash out
I have purchased my third rental using cash for the purchase and repairs. As an example if the purchase price of the home was $30,000 and repairs were $5000. What would be my be course of action to get that entire $35...
Tom Gillotti
Property Manager Hesitant to sharing renter info?
So, I've been using this property manager on my house in Texas for a little over a year. She hasn't been great at communicating; mostly, I have to dig to get answers. About a month ago the property went vacant (a surp...
Elliot Fuller
Please Help Analyze - First Potential Property
Hello all, looking to take the plunge and pick up our first (intentional) investment property. The logistics of BRRRR are a little too daunting for us right now, having not built a very robust network (particularly i...
Pablo Madrid
de minimis safe harbor expense or bonus depreciation, tax on sale
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
Brendan Wood
How do I deal w/ city shutting of my water for prev owners bill?
I bought my first house July 1st, and at the time everything looked settled up and I appeared to have it free and clear. While switching the water/sewer to my name I learned they have a 3 month delay on the billing so...
Geren Knight III
Newbie Western Maryland/West Virginia
I just finished my first fix and flip from a foreclosure. The property needed a complete rehab from a new roof, windows, HVAC, electrical and kitchen. I finally close tomorrow. Any advice on fix and flip number two...
Christian Ortega
Newbie from Brooklyn, NY
Good evening fellow BP community,My name is Christian Ortega and I have made the decision to embark on a journey to financial freedom through Real Estate Investing. I'm novice to the industry and have taken the initia...