Hi BPers,@Joshua Smith and I both recently bought properties and had to pay off tenants with cash for keys agreements. To me, it seems like one could argue that this is a property expense and could be deducted as an e...
Hello everyone! I had a quick question regarding tax deductions that I wanted to try to get an answer to. I plan on putting a home office in my house and had read in BP's "tax strategies for the savvy real estate inve...
I recently bought my first home and had started replacing the siding myself. Along the way discovered some of the walls were rotted out due to previous termite damage. Since this was out of my experience I ...
Hi Just had a terrible guest without any reviews before. Don’t want to talk about details. I have been a super host for 2 years. Never had guests like this one before. This guest just wants a free stay. She threatened...
Hi guys, So I'm looking to invest in my first buy and hold property. I'm looking at a duplex that is set up on a well water system. I am not to familiar with how well systems work and how well they maintain. Does anyo...
Quick question... I just got my free credit report for the year. I have a question regarding revolving loans. I only use about 3-4 of these cards, should I close the cards I don't use or would it hurt my credit score?...
How many hours did it take you to draft your last multi family PPM? I think we have just over 40 hours in our last one not including attorney review and the 3rd party vendors time who we use to put it all together.
Hello all!I'm a buy and hold investor in various parts of the contiguous 48-states. We vacation yearly in Hawaii and I'd like to get a property out there to help with some of the tax burden (still employed with a W-2...
Hello All,
Looking at my first Fix and Flip and looking for some information on how a hard money deal is structured, when a seller takes back financing.
The HML I would use only lends in first position.
The deal...
Hello everyone a little back story about myself, I am currently in college in Richmond VA and will be graduating in May. I will be hopefully join a CRE team in the Richmond area. I want to once I graduate get a 4plex ...