Rob C.
Is it really that important to hire contractors that are insured?
From what I've read in the forums it seems that conventional wisdom here is it's best to hire only contractors & handymen that are insured. I adopted this perspective when I started as a landlord as I tend to trus...
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Huy N.
The diary of a 2nd flip
I feel guilty of not being very active on Bp lately. so this post will hopefully motivate me to become more active in the forumI recently bought an old house that will need lot of clean up and work. i paid 78k includi...
Jordan Bateman
AC and Copper Theft Issues
I've had two condenser units on two different houses stolen (one was just the copper) in the last few weeks. It's very frustrating as you know, and always seems to happen when the house is for sale.
I've read through...
Corbin H.
How to fund massive unexpected repair
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
Account Closed
Tenant harassment (i have an autistic toddler)
The neighbor above me has been stomping over my head very early in the morning 5am and after "quiet hours" late at night well after midnight. She slams doors, she "drops" things which shake my apartment ceiling. I hav...
Ashley Shearer
Multiple Realtors - offensive?
Hello - my husband and I are closing on our first house this Friday (duplex, house hacking). We plan to buy many more houses over the years and build this business. We're using a realtor who has been very helpful and ...
Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
Anthony Catoni
Property Management or Self-Manage?
Curious to see everyones thoughts on this topic...I currently have a property management company, but want to make the leap towards self-management. I live in Germany, but my rental is in FL. I'm nervous about making ...
John B.
Reasons why syndication fails: stories
Hello,I would be interested in starting a thread where more experienced investors can share their real life experience as to why a syndicated deal they participated in (or not) ended up failing, and by failing I mean ...