I don't run into these very often, but honestly you never know when you're going to run into something like this, so it's always best to be careful. I always have a flashlight, pocket knife, small multitool and I als...
I'm a part time investor with a full-time career and all the trappings of life that come with 2 kids. Busy isn't the right term, perhaps neurotically time starved. This story is about my second rental (3/2 townhome) w...
Can anyone tell me if itemizing investment property expenses makes a difference now with the new tax reform?I claim my wife and two kids. I have two duplexes and understand it that if I spend less then 24k in expense...
I got a notice last month that I have to replace a water heater in my unit. Well this unit took me about a month to get ahold of the tenant and evict the tenant for nonpayment. I replaced the water heater last Saturda...
Hey BP Masters as my title says, I'm about to apply for a Cash out Refi. I unexpectedly had two tenants break the lease and move out. I'm using this opportunity to "freshen up" the apartments and I'm sure they will re...
Hello everyone it has actually been a couple years since I've been on BP, although I would like to credit these guys with enlightening me enough to purchase my first flip with none of my own money within the first 6 m...
Happy New Year everyone!
I have a flip that I am finishing with a buddy (business partner). We will be done by February and did not do things in a traditional way. My business partner owns the home outright and we ...
Hi guys,
How would you guys use 20k to invest RE in? (SoCal, where houses near me are all at least 650k+ )
Any advice/tips are welcomed.
When faced with the choice of "no payroll" or "pay out of pocket", I chose the latter, and pierced the veil between personal and LLC finances, and then further pierced it paying back some of those contributions. Now,...
Hi BP community! I am closing in on my first duplex in Philadelphia in the 19140 zipcode. I will be house-hacking. I've been living in Philly for 5 years and I'm cool with the area, I like North Philly!
I'm purcha...