Just wondering if there are any disadvantages to remove my taxes & insurance from my escrow?
Main reason I ask is that I have one property paid off, so I pay my T&I myself, and another one with a mortgage. ...
Hello all, I have a question about getting a credit card strictly for rental property expenses. I’m 20yrs old and have one credit card for personal use, but I recently began managing my fathers rental property and wan...
I just purchased my 1st home in Denver and am mid-renovation (it's been a brutal one). I will have 3 units and I will be living in 1 of them. As I prepare for tenants, I'm starting to think about utilities. Can anyone...
Hello everyone. I'm closing on my first investment property in two weeks. Thanks for all the help leading up to this. Question: I'm inheriting tenants in one of the units of the building. The seller has offered t...
I'm considering this deal of condos in this very distressed building. By buying the condos I will have a large stake of the building and the other investor owners have said they will sell me their condos, which mean I...
I'm a newbie investor and heard a rehab gal Robyn Thompson vehemently state one time that she would never buy materials for her renovations because it would open her up to being considered as a GC/employer if ever sue...
Hello awesome BP community! Need some more help. Currently, the house we reside in has a carriage house out back, that is a free-standing unit. All of the mail, both for the carriage house as well as our home, is deli...
I'm coming up on my closing next week on my first house. The attorney has told me that there will not be an in-person closing, but rather that all they need from me is the check.
Currently I received a signed copy...
@Mark I'm typically a buy-and-hold investor and purchase foreclosure properties, renovate, and rent (BRRRR strategy). Generally, there's a significant initial renovation (capital improvement) which on my analysis spr...
Hi everyone, I just purchased a duplex recently and my mother is renting out the other half. I'm wondering about tax deductions and how I would go about writing off utilities, internet, property taxes and so on and so...