Taylor Robertson
Should I wait to start paying closing fees until after verifying property condition?
I am under contract for a duplex. I viewed the vacant unit last week, which was in excellent condition. The other unit is currently occupied, and I plan on viewing it this weekend because the seller’s agent wouldn’t a...
Francesca Zanzucchi
Recommendations for Rent Collection Platform/System
Does anyone have a good system or platform they are using to collect rent from tenants? We are currently using RentRedi but there is a long lead time from when the tenant pays to when the money is deposited into our a...
Uwe S.
Upfront fees for due diligence from private money?
Originally posted by Nikko Lawson:I was recently contacted by a private money broker who works for a group called Kingdom Financial (website listed below) and we're working to get a MHP deal funded. Everything seemed ...
Joseph Scorese
Mortgage Rates Moving Into High 3's
Mortgage Rates Moving Into High 3'sMortgage rates continued lower today, adding to an already impressive streak of improvement that began in mid-July. Much of that improvement has come courtesy of increasing concerns...
Luka Milicevic
Christmas gifts for tenants? Yay or nay?
Curios if I should send my tenants a gift for Christmas. Just something small along with a letter thanking them for paying on time.
The last time I was a tenant my landlord gave me a $25 gift card. (He was also my ro...
Chris Mcgee
Stackable washer and dryers or laundry centers
I have a quad that I purchased that has 4 laundry centers in them. All appear to be fine except for onehttps://www.lowes.com/pl/Stacked-laundry-centers-W...I paid a guy to come out last year to fix a slow drain and it...
Mark Humphrey
Financing an Income Producing Property
We are considering purchasing an income making property and business combined, 10 acres 3300 sq ft home and barn. Venue is rented out for mostly weddings. Current revenue last 3 years (as worked part time) is 75-95k a...
Vlad Popovici
Can you split reno tax deductions across several years? (Canada)
Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...
Samantha Dobson
Assurance 832 do not use them
hi, my name is samantha and I have 2 very dear friends of mine use Assurance 832. I would advise DO NOT USE THEM!!!..my grandmothers friend decided to go with them, and the gentleman Marcus used foul language with my ...
Tyler Parker
Capital Gains Question
Hi BP! My question is if I sell my house will I have to pay capital gains tax? From what I have read so far I don't think I will have to. What I have read online is if your profit on your house is under $250,000 you d...