Mike York
Keep a fireplace or remove it?
Hey everyone. Recently purchased a property through a foreclosure auction. We found a gas fireplace in the basement without the exhaust hooked up. Another colleague recommended taking it out as the inspector for the c...
Dennis Standers
Rich Dad Poor Dad??/ Realtor's license
Hello everyone Newbie here, So what about this Robert Kiyosaki? Is this something I should be reading? Or is he a some fake trying to scam money? Part two: Is it a good idea to become a realtor to invest in rental pro...
Christian Leon
Depreciation: Do or Dont?
Hello all!
First tax season with my rental property and my CPA is asking me if I want to claim the depreciation on the rental or not. I know if I do I'll get more money back now, but then I'll have to pay the taxes o...
Adam Jones
Assuming loan and owner financing questions
Need help with the structure of a deal.I’m trying to buy a duplex across the street from a duplex I already own.I spoke to the owner and she owes 175k on her loan and I’m purchasing the property for 800k. I ask if she...
Swetha Mandava
Replacing fuse box, upgrading to gcfi protection
I'm buying a duplex in PA and the general inspector was quite shocked with the electric wiring in the house. Exact words:"Fuse boxes present for main services. This system creates a hazard with exposed electrical con...
Matt Leonard
Seller provided dishonest repair estimates
I'm wondering if anyone has guidance on my rights here (I'm determining if it's worth approaching a lawyer or not).I'm nearing close of escrow on a property. Two issues came up that make me feel the seller has not ope...
Patrick Philip
What prices should I charge my handyman for these jobs?
I am about to do my first house flip. I am using handymen instead of contractors for the majority of it. They are insured so that is not an issue. I am very surprised at the kinds of prices I got for handymen just by ...
Marcus Curtis
House or Home- What to Use
Hello All,
Looking for some input on a company/website name. I have done a couple wholesale deals as a "hobby" just helping some friends out of tough situations but have decided to jump into wholesaling full time outs...
Alan Brown
Any great tips on avoiding deposits for utilities?
Just bought 12 units and the utility wants me to pay an average utility deposit for ALL of them together, which represents something like $4200 up front... I want to make sure that if a unit goes vacant, the utilities...
Jamie H.
Need objective opinions - 1st timer, great ROI prop but with risk
Hi there, I'm an aspiring investor looking for opinions on a potentially great opportunity that's right in front of me.Several years ago I inherited a 50% stake in a SFH in a small town (population ~10,000) in SE Minn...