Hello! I'm excited to be posting this morning. I am a husband and father of 2 young kids (soon to be 3). I am also a doctor which brings in a nice income. What I am finding however, is that even though we make "good m...
Hello All!I would like to provide a brief overview of my current professional and financial status. At 36 years of age, I am serving as a Vice President at my existing firm. My financial liabilities are confined to th...
OK. I hired a guy off of craigslist to do my HVAC work, since the other estimates from actual HVAC companies were absolutely ridiculous, lowest quote was $8,500. I had him sign a contract stating that he was licensed,...
Hello fellow BP members! Looking for a little advice..Little background: I am a financial analyst for a multifamily developer, so i understand real estate and all of the financials associated, but i am definitely not ...
Hello fellow members- I have a problematic tenant who pays on time but has created other issues with noise and guests and now, a broken window! In my 20 years of being a landlord for a few properties, I have never enc...
Ok about to make a offer on a very clean rental house that has been rented for 25 years by same renters. Owner doesn't want to sell out right because they don't want to show a big capital gain. They are interested in ...
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
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My grandfather passed in the last year, and he left two properties to my mother to inherit. My mother is looking for me to manage the 'family decisions' when it comes to these properties. I've been learning a lot abo...
When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
I have a property owned by a family member that is a 2% property. Triplex. Fully renovated and rented. Each unit rents at 525. 525×3= 1575I know all the other numbers and it would be a great addition to my portfolio. ...