Brian Naley
How did everyone start wholesaling?
I'm looking for a good starting point on wholesaling. Do you have to start a business in order to wholesale? Do you have to pay taxes? All I need is some good advice on how to start and I think I'll be good.
Jacob Tudor
Hazardous Porch Condition – Can Tenants be Removed for Safety?
Hello BP!Recently, the city inspector’s office where we own a rental in Michigan contacted me and informed me that “a concerned citizen” complained about the condition of the front porch of the rental.It is easy to as...
Tony Wilson
Purchasing rental property using a line of credit
I am looking at buying a rental property, but I have no down payment. I was thinking of utilizing a line of credit of $25K-35K for down payment and closing cost (6.2% interest). I believe this is a great deal of a dup...
Jaron Walling
Tax question for BRRRR investing
I'm planning to BRRRR my next property. What are the limits for tax deductions during the rehab on this type of investment? The property needs $20k worth of capx and repairs but it's move in ready currently.
I read ...
N/A N/A
Bank REO Properties
I was wondering on how the conditions of these properties are when bought? What is the dollar amount difference when purchasing a bank REO property compared to a regular property? Does anyone have a Bank REO propert...
Cory Melious
Tenants plugged drain and septic tank with tush wipes. What to do?
Got an emergency call last week that one of the units toilet wouldn't flush and was backing up into the shower. My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet. He ...
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Matt M.
HOA and First Right of Refusal Problem for Cash Buyer
Friend of mine is trying to pickup a condo deal here in Colorado. The HOA's members have first right of refusal. The unit has a mold problem & needs a full rehab. The problem is that if other members see the agree...
Nicole Pagan
Budgetting for County Tax Deed Auction
I'm sure I'm an oddball here on BP...not a pro, but a renter who wants to buy her primary residence at a Tax Deed Auction. In my state, I own the property on the day after I've paid cash for my winning bid.
...
Vidit Maini
Cracks Appearing in Condo – Normal wear and tear OR Structural Concern?
Hello Friends,I own a 1982-built ground-level condo (one unit above, one below). It was renovated in 2017 and rented in 2022 with no issues. Now, three years later, my tenant reported cracks in every room—paint cracki...