Alright, for the past two months or so I have been on the search for a good rehab property around my home town ( Benton, Arkansas) mainly because I know the area so well, which seems like a good idea when it comes to ...
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
I approached an investor friend of mine who had expressed some interest in having me assume a loan of his on a nice four family. He got cold feet, expressing what would have been seller's remorse. He then called me ...
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Im going to be buying my girlfriends son a handgun for his 21st birthday.
Before some of you get excited he is a very responsible man. My question is which type would you buy. I dont own one and this seems out ...
We purchased a duplex recently that has a small mobile home on the back of the lot with water, gas, electric hook up. We originally planned to tear it down and get rid of it, but are debating. Home needs painted but ...
BP Team!Long time lurker, second time poster. A property in a Dallas suburb next to my aunt's house has been vacant for 2 years. The owner has lived in Dallas proper (older gent with a much more expensive property) an...
HiNot sure if this is the right category to post it but I’ll try.A friend of mine is being sued by his tenant because a construction work should be taking place in that complex soon and the tenant claims he wasn’t not...
Hello BP Community,As is very common I have friends who purchase their rental houses under their own name in order to get lower interest rate loans with better terms and also cheaper landlord insurance, and then they ...
Hello BP ExpertsI have never considered renting out to Section 8 Tenants but now am thinking to do so. Have few questions so pls help me understand it.1. I have been always doing the paperwork for my tenants till now ...