Silvia B.
New deck boards and railings: Depreciation or Repair?
This Summer we personally replaced the deck boards and railings on one of the decks. The structure ( posts, joists, etc) were ok but the old deck boards were bad and it was time to replace them. It cost us about $1500...
Travis Paez
My Maryland Tenant wants to pay the rest of his rent
Alright BP, here's a question. I have a tenant that I recently placed in a Baltimore area home on a long term lease. Before the first month is up, he told me that due to an inheritance, he would like to pay the rest o...
Ben Volkman
How do you Make Your Money Make Money?
Hey guys, I'm currently saving up for my first real estate purchase and looking for ways to expedite that process. Currently, we are putting our money into a basic savings account at 1.45% interest. Debating puttin...
Account Closed
20 Yr. Old Investor: Got My First House Under Contract! What now?
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
Brandon Ness
Tenants Making Rent Payment
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
Devin Woods
401k Loans as Capital for Investing
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
Chuck Van Court
Computed ROI on fund and impact of Reserve for Loan Losses
I am an investor in the BroadMark fund, which provides investor return from 1st lien position hard money loans. I am generally happy with the fund thus far, but they seem to be using an overly favorable method to com...
Nichole B.
New - TenantCloud v. Cozy v. ???
Hi, all. I'm closing on my very first rental property this week, and am looking to set up one of the online PM services, ether Tenant Cloud or Cozy. Buildium seems to cost too much for me, right now, having only one p...
James Lennon
Anyone with Hemlane experience
Hello,Does anyone have experience using hemlane? This is my first rental property and was considering using this platform and was wondering if anyone had personal experience. What would be the pros and cons you have ...