Jim Sestito
Better for REI - More Money or More Time
Hi Guys, ( potential #askBP ) I have found myself at a career/investing crossroads of sort. Quick story - 27 years old (single, no kids) working at manufacturing company full time. Small company 75-80 employees a...
Tilmon Smith
Can I use a regular 401k to purchase real estate?
Hello Everyone,I recently joined the site and saw a lot of great discussion regarding cashing out a 401k plan versus a self directed IRA and a solo 401k plan to purchase properties. I prefer the solo 401k because of ...
Julio Contreras
Seller counting unpermitted studio's rent income as part of the cap rate
Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...
James Wise
Property Crime. A Cautionary tale that all investors should read.
We do not have a Real Estate Failure Stories forum, so I figured what better place than the Real Estate Success Stories forum to post this. Perhaps by coming out of this bruised but not broken, that in itself is the t...
Matt Wilcox
Any Other Deductions?
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
-...
Francis A.
Renter's Warehouse - Property Managers - Minneapolis / St Paul
Hello, Does anyone currently employ RENTERS WAREHOUSE in the twin cities area to manage their property or properties? I have heard good things about them. I'm looking for insight regarding their fee structure, rent co...
Elizabeth Davis
The house has a tree on it. Would you consider it?
There's a house on my street that has had a tree lying on the roof since a storm on 05/25/2015. The owner/occupant had their satellite dish back on the roof the next day, but the tree remains. I know the neighbors beh...
Jarrod Rayner
Active Military with orders and a DTI problem
So, I'm active duty stationed in Washington DC. I bought a house in N. Virginia for $271k last July. I recieved orders to Beaufort, SC yesterday and have to report in 45 days (I think August 15th) . My plan had been t...
Chris Sweeney
Good Tenant Gone Bad - Alcoholic Tenant
Well..... I thought I had the tenant selection thing down pat. Since starting my journey as a landlord in 2011, I've never had any issues (let alone major issues) with any tenants that I've found/placed in my units, b...
Ann Skaggs
Did not sign lease 7 months ago now landlord hot and heavy
Basically, 3 months ago I asked for repairs to my unit. The landlord went bat shit. Telling me my backyard was a common area and it was not mine. The dishwasher has not worked since I moved in asked for repair. Asked ...