Account Closed
New LLC - Completing your Minutes
Hi BP members!My husband and I just established our LLC. While filing out the necessary forms and paperwork I've been stumped on a particular item in our minutes regarding Capitol Contributions of the members. Was any...
Briana Peterson
Paid for laundry with shared space- good or bad?
Hi,My employer has a rental property with 9 units and is debating removing the washer and drier because it's been a hassle. It's currently coin laundry, but we're concerned about the upkeep and the hassle of needing c...
Reggie Jackson
tax deductions for rental property
hello i close on a duplex 11-16-2017 doing a lot of repair to the property , flooring , roof , gutters , windows , countertops bathroom and kitchen repair kitchen cabinets and bathroom cabinets , it need a new washer ...
Tommy Ostendorf
Should I sell my single-family rental that's up 30%?
I own a single family home in El Segundo, CA (Los Angeles) that I purchased 3 years ago. I lived in it for 2 years as my primary residence and have been renting it for one year. It currently rents for enough to cove...
Ethan Brown
Cost of Separating Water Meters
Hi everyone. I've looked online and at some previous BP posts, but I'm not quite sure how to come up with a good estimate regarding the cost of separating water meters for multifamily properties. Does anyone have any ...
Matt Y.
How do interest rates impact lease options?
I’m curious how this type of deal works when interest rates are higher. The numbers work with lower interest but now it seems like the monthly negative is eating away the would be profit.
Madylen Barberan
Financing - How do you get financing for Renovations?
I am just a couple weeks into my REI journey and I am learning a lot! I am a bit confused on when it comes to the financing on BRRRR or fix and flips. How does one get the financing for the renovation costs? Is that f...
Varinder Kumar
help me calculate this capital gains
Looking to sell my current property for $710,000 balance remaining is $580,000. Purchased October 2021, so it has not been 2 years yet. How much percentage capital gains tax will i pay?Is the capital gains tax calcula...
Yi Chu
Do You Need a Mentor for SFH investing
Is it worth paying thousands of dollars to hire a mentor if you do single-family investing (buy-and-hold or house flipping)?
Billy Zhao
Trying to find someone who can help me furnish a short term renta
I have a house in Galveston, TX that is almost ready for short-term rental. It is currently empty and in need of fully furnishing the place. I tried to do it myself but I realized that my energy is limited. I reached ...