Frank Lo
Black Friday Sales?
Black Friday Sales are already going on for this year.Which has me thinking...is this the time to stock up on things that you would need for future rental maintenance/flips/rehabs/etc.?For example, Lowe’s is having 25...
Victor Rallo
BANDIT SIGNS! BANDIT SIGNS!!
Sacramento! Going to buy and put up bandit signs this week but I would like to know is that illegal in Sacramento? Do you know if you or someone has been cited for putting them up? I don’t see a lot where I drive for ...
Bernard Schott
Experience with Abandoned Wells?
Does anyone have experience dealing with an abandoned well on a property they have purchased?
My primary residence (complete interior gut), purchased almost two years ago has an abandoned well about 15 feet from the ...
Garen T.
Great Deal, or should I walk away? Creative hard-money deal....
I needed the services of my handyman on one of my units this week. While doing the work, he started to tell me about a remodel he's working on, with the owner in a tough financial situation, and would I be interested ...
David London
Student Housing Security & 1st Month Rent Question
I own a student housing rental in a university where most students sign leases about 8-9 months in advance (signing around October for a lease that starts in June of next year).
My question is, at which point do mos...
KATHY H.
How Do You Track Rehab Expenses
I am doing my first BRRRR and I am trying to see how everyone is tracking their rehab expenses? Currently, I am using an excel spreadsheet to keep track of all my itemized expenses. For example, with the HomeDepot Pro...
Sebastian Garcia
THINKING OF BUYING A FIX AND FLIP PROPERTY
Hi, just checked out a deal in Puerto Rico, its a fix and flip property, the asking price is $75,800, could resell for $100,000-$110,000. How do I analyze this deal with a cash offer? I think that with $8-10,000 in re...
Austin Medina
Our Primary Residence/First Investment for under $7K Down Payment
Investment Info:
Single-family residence buy & hold investment in Pasco.
Purchase price: $255,000
Cash invested: $6,500
My wife and I just recently purchased this home (closing in a matter of day...
Account Closed
Minnesota Personal Gains Tax for a Newbie
Hello again BP,We are considering finding a home and Move-in/Flip/Sell/Move-out in roughly a year, maybe less depending on how well it goes. I am not understanding the capital gains tax for Minnesota. Am I taxed at my...
Arvind Sundar
Rent vs. Interest Rate
Hello Everyone,I'm in the Dallas area and had a question on interest rate vs. rentWith interest rates poised to go up in the very near future (highly likely to happen) how does one think about rental value.That is, wi...