Account Closed
Looking to buy first home/ investment. Any tips?
Hello everyone my girlfriend (soon to be fiancé) and I were looking for an apartment but then we realized that with the prices around our area is best to just buy a house. We are considering buying a two family house ...
George Elchaar
Need help analyzing a deal
I originally posted this in the forums section. I'm reposting here after stumbling upon this forum. It's better suited for this section. My up front expense is $45,000The rental income, expense, cash flow is in the ...
Chris Picciurro
Most concerning tax questions
Good morning BP - we are currently adding to our educational content. What are your most concerning tax questions related to real estate?
David Straley
Using Turbo Tax for Rentals
I have kept a record of everything bought for each place and I have a good idea of what is an expense vs. an asset. I only have a couple of houses so it isn't a ton of work to keep up with. Just curious if I can get t...
Nick Ragland
Rental property question!
I bought a house 2 years ago and have 3 roommates that are helping pay the mortgage. Can I consider this a rental property if it's my primary residence?
Account Closed
Best strategy for collected damages & unpaid rent/utilities?
Hey all, Have a problem tenant who caused ~$2000 in damages and some unpaid utilities... let her dog soil the carpet and refused to pay water bill last few months. We have her security deposit, but it only covers ~1/3...
Jack Tinker
Who Includes Rental Income Tax as an expense?!
I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...
Carson Campbell
RV Park Opportunity
Hi All,I was approached with an opportunity to purchase an RV park. I currently have one rental and a second property that is my primary residence. I will need to sell the rental to afford the purchase of the RV park ...
Brandon Gamblin
The difference between a good and bad rental deal.
What are some red flags in a financial analysis for cashflow/rental investors when looking for deals? And on the flip side, what are some "green flags" that will make an investor want to purchase a buy & hold prop...
Christopher Adkins
SFH please analyze this report
Hi Guys,Please give me your feedback on this deal. I have a long term renter in place for this property. The tenant screening shows this older gentleman and his wife have a very good rental history. This is a buy and ...