Account Closed
Cash back at closing paid to contractor. Tax implications?
I recently purchased a home that appraised for $135k. I was under contract at $115k when the inspection report came back indicating it needed a brand new roof. I walked away. However, the other agent came back and off...
Sean Salandy
Contractor Draw Schedules and Who pays for Materials
I am planning to use a Hard Money Lender to complete a rehab. I am assuming I will need to set up a draw schedule for any potential contractors. So far, the contractors I have contacted are expecting me to pay for all...
Konstantin Egorov
Advertising In South Florida? What works for you?
I'm new agent, would like some input as to what works for you in terms of advertising. Thanks !
Natalie Schanne
House Hack with Roommates - City says not allowed?
My friend wants to house hack by buying a 4/2 house, live in 1 bedroom and rent out the other 3 bedrooms. (Purchase price $190k, room rentals worth $600/mo each). House hacking would work out very well for wealth buil...
Scott Suryan
Turnkey providers in out of state markets like REI Nation
Thinking about stepping outside my comfort zone and maybe doing out of state investing. I recently listened to Dave M. interview C. Clothier about turnkey investment properties. I use a pm right now for what I have ...
Sam Shirazi
do you guys use home warranty on Rental property along with PM?
Hi guys, wanted to know if real estate OOS investors in Austin use home warranty and have their PM work with HW in case of repairs ? My PM is against working with home warranty companies due to their slow response tim...
Account Closed
Late paying tenant, what should I do?
Hello BP team!
I wanted to pick everyone's brain on an issue that I'm having.....I have a tenant that is paying rent, but it is late every month. She pays the late fee, and actually breaks up the rent payment into tw...
John Sheil
Newbie investor in Denver starting out and needing some advice
Hello everyone. I have been lurking on BP for some time now, but with the start of the new year, I am really trying to put together my plan.
Here is my situation. I am an attorney with stable income, but look...
Calvin Lin
Extremely high utility cost
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
Mitch H.
Denver Condos and the Construction Defects Law
This has been discussed in fragments other places here, but I thought as the buying season gets going (and I see a slew of <$200K condos hit the market) it would be wise to have a contained chat on what peoples opi...