Lukasz Kownacki
Baltimore, Maryland Market Affected By Riots
Hello Everyone,I am sure everyone is aware of the riots and protests going on in Baltimore City currently. Do you think that the violent riots and protests occurring in the City will poorly affect the real estate inve...
Steve F.
Deal Analysis & Due Diligence - Questions
Hi folks,I was wondering if I could get some thoughts on a deal I have under contract, and also some guidance on due diligence.I just put a park under contract in the Buffalo, NY area, with the following metrics:Price...
Jeremy Kersten
Buying on courthouse steps
I've heard when you buy a foreclosure from the court house steps at auction that you cannot resell the property for X amount of time to give the foreclosee a chance to buy it back. Something like a few years? Could so...
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:
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Bryan Vince
Tenant Installed CCTV Cameras???
BPers!We own a 2 building (1 story) rental property with 5 units in each building. We have a long term tenant (month to month agreement) that has installed at least 4 cameras (that I see) that would cover the entry i...
Katelyn Montrony
Bank Owned Properties
I am in the Long Island, NY area and there are tons of boarded up homes, When I look into who owns them I am finding it's the bank and then ROAD BLOCK! I am not sure where to go next. No one at the bank will talk to ...
Account Closed
$500 Realtor Storage Fees Las Vegas
I have recently started making some offers in Las Vegas and notice that the brokers charge a $500 storage fee for documents When i asked the agent she says it is common and has heard of fees over $800 Is this common p...
Jeremy Lee
Rules around converting a rental to primary residence
Hey all,We're facing another crossroads with what to do in terms of a 1031 exchange that my parents and I co-own (which I also live in with my wife and kids) with our current place and selling it in exchange for a pla...
Asa Ifill
Fannie Mae HomeStyle Renovation
I’ve been looking into investing into RE and looking for loans and have came across the Fannie Mae HomeStyle Renovation loan. This loan looks the best for investing into property that might need some work but not too ...
Leah Gaspard
Accounting for living in a rental property
I'm considering a property that's marketed as a 2 family with 3 bedrooms and 1 bath upstairs, and what is actually a 1 bedroom apartment on the first floor (there is a finished basement, but can't be utilized as a liv...