Amie D.
When to replace furnace.
I have a single family rental in a low- to middle-income area. The furnace is about 22 years old and seems like it may be on it's last leg. When it turns on, it can take 2-3 tries for the burners to light - but it doe...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Tyler Baldwin
IRS finalizes Cost Segregation Rules (and timeline)
The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
Matt Kautz
Los Angeles Duplex - Trying to Make the Numbers Work
Just getting started looking at investment properties in the very competitive Los Angeles area and found a duplex today with a highly motivated seller who needs to unload quickly. It's a great area, units will be del...
Eric T.
Out of State Investing
Since CA doesn't seem like a very efficient option, I've taken to exploring my options out of state. Just from browsing the forums it seems many members recommend places like TX, GA, AZ, Vegas etc. However, I thought...
Sean Rooks
My 1st BRRRR a base hit!
Just finished my first deal, a BRRRR triplex in Norfolk, VABUY: 2400 sqft triplex:1) 1bd/1ba 550sqft @ $550/mo2) 1bd/1ba 625 sqft @ $600/mo3) 2bd/1ba 1250sqft @ $800/moPurchase Price: 136kRehab Budget: 60kExpected ARV...
Kanchi Ji
Real Estate Agent's car
I live in Virginia in the metropolitan DC area. I have dealt with many real estate agent trying to buy property or involved with friends or family in their purchases. I noticed that just about every agent has nice l...
J Scott
Commercial Liability Policy
I'm having a heck of a time getting a commercial liability policy for me and my business, and I'm looking for provider suggestions (or any suggestions, for that matter)...
First, I've never had a commercial...
Mike Schorah
What did you think of today's BP podcast episode (Episode 500)?
Robert Kiyosaki of "Rich Dad, Poor Dad" sees a real estate crash coming. Do you see a real estate crash coming?I agree with many points. Right now, I'm wearing a T-shirt that I bought a week ago. It says "THE FINAL CO...
John Cohen
Closed on a 48 Unit Multifamily - First Syndication
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...