Nathanael Isaac LaCorte
Renting Out Home to Create Income History & Build Rentals
Hello Friends,
I am toying with the idea of renting out my home for a year, either as a traditional rental or an Airbnb. During that year, I would live in an apartment. The goal being to create income history so that...
Wesley Emison
Tax impact of renovations on a duplex - Useful Lives
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
Jerry Lucker
LANDLORDS! Prepare to make Subjective decisions in renting.
By now we all know to use only Objective criteria in qualifying prospective tenants. THAT may all change believe it or not.I recently attended the winter conference of the Washington Landlord Association. One of the f...
Florent Breton
Refinance cash out: impacts on CoC and IRR
Hey BBPersI am 9 months into the renovation of a multifamily building. I have invested significantly on capital improvement and hope to recoup some of that investment when I refinance later next year. I have then few ...
Zachary Boren
Assistant Property Manager
Hello Everyone,I want to begin by saying thank you to everyone that takes the time to reply to this post. I recently moved to Indianapolis and am in search of an Assistant Property Manager position. The reason I am se...
Blake Mgbada
Avoiding Capital Gains Tax
Does this situation sound feasible?Let's say I completed a live-in-flip as a single person. When I sell my house, I have over $300k profit. I have to pay capital gain tax on the $50k surplus. What if I refinanced for ...
Alex Wojcik
Conflict of Interest Occupations?
Real Estate investing is definitely my calling. Been doing extensive research for the last 6 weeks.
I attended a seminar in which it was $1,997 to go to a 3 day training. Of course this was just a taste of the "good...
Chad Mayo
Am I forced to get licensed or hire a licensed contractor?
Does anyone know if I would be forced to hire a licensed general contractor in Louisiana for a rehab on 1300 sq ft single family residence if it's not my primary occupancy? What about other states? There's no structur...
Neel P.
Can I negotiate an "As Is" property after inspection?
I'm about to go under contract on a duplex. The sellers added an "As Is" #2 addendum. I still have the inspection clause.
The home is older and I am planning to negotiate after the inspection report.
Based on this "...
Susan King
Property management company underbilled tenant.
My husband and I own multiple rental properties. We've been using the same property management company for 10 years, so I guess we trusted them too much to go over our monthly statements closely. I just discovered tha...