Garlin Smith
If you had $50K to start your real estate portfolio....?
Hey BP community, I'm a new BP user and have been following the discussions/forums from the experienced investors and have been learning a lot. But I realize there's a lot of investment strategies which can be overwhe...
Tom Lipps
Title Company did not include Prorated Rent or Deposit
Hi BP!I'm set to close on my first rental ($82k duplex) this Friday.However, I received the Title Agency's Final Settlement charges and it does not include a Prorated Rent or Security Deposit from the seller (even tho...
Salvator Lorick
At a roadblock and could use some help with market evaluation
Hello everyone Happy 4th,
I see a lot of advice on how to analyze a deal, how to close a deal and a lot of other amazing advice. But there are some steps that need to be taken before you even begin to analyze that pr...
Julie Philpott
Is not having Central AC a deal breaker for tenants in Ohio?
Hi everyone,I’ve found a multi-family property in North Linden that I’m interested in purchasing for a buy-and-hold investment. Before this, I’ve come across several older multi-family buildings that lack central AC (...
S. Perry
Walk me through a maintenance check/rental inspection
I need some guidance involving what to do for a maintenance check. Tenants have been in the home for 1 year (2 yr lease). We have been in the home on a few occasions for various issues but have never done a specific c...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Todd Magin
Does a Cash Offer Mean All Cash?
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
Greg S.
Cooling issues on the top floor - HVAC issue
Hello, I bought my first rental property in December of 2016. It is a 3 story townhouse here in the Baltimore area built around 1900. I am having issues with the A/C cooling the entire house. The 3rd floor is noticeab...
Patricia Via
should I manage alone or property manager?
I am 74 female, been managing a duplex for yrs without too much difficulty but tired of it - have vacancy coming and several repairs required. Had someone in mind who I thought would be great but he wants to add fees...
Brian Patrick
Using HELOC for Investment Property Downpayment
Hello All,My wife and I have finally made the decision to dive into our REI dreams and begin making the plans to make it all reality. We have set a goal of purchasing our first property in 2018 and are looking into di...