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I purchased a nice older home that is located on the same street as one of my current rental homes.
My original intentions were to flip the home and re invest the profits...
I'm confident it will sell, but I've al...
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Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
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I am curious to hear anyones horror stories with rental arbitrage! Don't hold back, I want to hear anyones mistakes and try to learn something from them. Thanks for sharing!
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Hey BP community, my name is Taylor, I'm 18 years old and I am a highschooler in Frisco Texas. I am attending college next year at either Baylor, SMU, or Texas A&M. I have been interested in real estate for the pa...
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I'm In the process of insuring my first property. I found a company that is willing to do ACV (Actual Cash Value) or RCV (Replacement Cost Value) insurance and will give me quotes based on a calculator where I can inp...
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Hello BP family! I recently purchased my 2nd rental property and I plan to BRRRR this one. The rehab should be done this week. I wanted to know if I should make another bedroom where the living room and dining room ar...
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Hey guys I’m curious to see who leverages whole life insurance to fund real estate deals. I’m looking to start a policy that works well with us investors. Any tips or advice is greatly appreciated. As well as question...
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I have been getting nickeled and dimed with leaks and clogs. From a prior life in Illinois, I remember we had no problem making all plumbing issues part of the tenant's responsibility in the lease. However, I'm n...
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I am working with a partner in Silicon Valley to develop a computer vision based security and monitoring system for multi family properties. Please note, some of the items I propose below might look like invasion of t...
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I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...