Jamall Lynch
CaPex Budgeting Costs
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
Account Closed
Wholesaling Direct mail approach
Ok new to wholesaling and from my understanding you should take one approach and stick to it. I am thinkning that the best approach for me to start wholesaling would be direct mail. I feel like I will have the free ti...
Kevin Wilson
First BRRRR (well almost) by the numbers
Bought my first investment property last September in Pittsburgh, PA. I reside in San Diego, CA and never set foot in Pittsburgh so it seemed a little weird.Details:SFR 4/2 on the MLS Asking: $50K; Offered: $40K And u...
David Chance
Selling my rentals - Tax ramifications
Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...
Laura Kreinbring
Tax Advice, long-time tax platform user depreciation basis adjustment
This property is in the north end of Wisconsin. I used to live in this duplex and I moved out to convert it to 100% rental and refinanced. Other topics I have researched about changing the basis include "you don't tra...
Shane Peck
absentee owner list
Im having trouble deciding between usleads.com and listsource. From my understanding usleads offer a better quality of leads but 1.45 and 500 names it certainly is expensive but worth it if it produces results. what a...
Christopher W.
How much to pay private lenders?
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
Ben K.
Accounting Software for Under 6 Units
Hello everyone. I only have a few rental units. The first one is a 3-plex (building with only 3 apts), and the other is house (not split up into units or anything, just a single unit property). Currently I first start...
Rodney Marcantel
What's the best thing to do, Rent or Sell our Home?
We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
Account Closed
Houston Flood Damaged Homes - What will happen to them?
Hi Everyone,Due to the extent of the flooding disaster in Houston, there are going to be a lot of flooded homes. What is going to happen to them? There are going to be many distressed sellers. Many homeowners will wan...