Steve Porcello
Becoming a licensed lead remover to work on your own investments?
Hi BP,I hope you are all doing well. I have been looking at properties across the South Shore and a lot of them are full of lead paint... It has been a deal breaker for us because we are looking to rent the properties...
Mitchell Maginnis
Is it possible to use the STR loophole to offset w-2 income if managing out of state?
Hi!I am an optometrist and am finishing up building a new build STR out of state. I will have a cleaning team do the day-to-day turnovers and will be using Guesty to assist in helping manage the property myself. I hav...
Stephanie Maisoneuve
Going rate for electrical panel replacement
Hi everyone!I have a property in Jacksonville, FL with a Federal Pacific electrical panel. I suspect that I am going to have issues with insurance so I am looking to replace it. Do you know of the going rate for elect...
Thomas O'Donnell
Should I Rent to Section 8 Tenants?
I have been having trouble getting the other side of my duplex rented. I have dropped rent multiple times and it is listed in a lot of places. Most leads that I have been getting are for section 8 tenants or tenants w...
Travis Reed
Hey CPAs, Can I do my own cost segregation study?
I am a practicing Texas Licensed Civil Engineer. I work at a consulting firm that does development work, utility work, drainage, paving, construction management, surveying, plating, etc. I estimate project costs on mu...
Tayo O.
Refinance out of my FHA loan or get a 2nd, conventional loan now?
Hi BP community! So I've been researching REI for years and have been itching to get involved but I am still at the beginning of my investing journey. I bought my first home in Chicago in 2019 using an FHA loan, but i...
James Lim
Investment Rental Properties in LLCs
So I'm trying to obtain financing for my first investment property, and want to end up holding the rental property in an LLC for asset protection purposes. I understand that conventional lenders will not allow this, ...
Mal Johnson
Lease with option to purchase? Please help
Hello,I invested into my first home through a lease with option to purchase. The lease was for a 12 month term with 2 options to renew at 200 increases maximum each year. The option go purchase had two options to ren...
Matthew Slaughter
Tenant Has Not/Will Not Sign Lease
Hey BP Community! So here's the short end; Purchased a triplex a couple months ago. Utilities have been pretty finicky so I finally have everyone moved to a flat fee, which not being on a flat fee caused some hairs ...
Alex Ficco
“PASS… IT'S A MANUFACTURED HOME”
“PASS… IT'S A MANUFACTURED HOME”One of my favorite responses from A LOT of Buyers whenever we have a manufactured home to assign.
There are many reasons to pass on a manufactured home deal, but 90% of the time, the ...