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My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
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I'm going to start on my first flip on Monday. I want to post all of my pre-flip numbers here so they are etched in digital stone so I can refer back to them when all is said and done. I'll explain my methods to ...
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Good Day to All,My name is Tate and I currently reside in Corpus Christi, TX. This is my second time posting on BP. My wife and I are getting ready to purchase a duplex. Side A is 3/2.5 and side B is 2/2. There is a c...
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Hi everyone. This is my first post. I have been reading alot and learning a ton. Obviously with any risk there is some fear, especially when you make the move. I have a few books on the way to help me; "Rich Dad Poor ...
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I came across a property on a private lake within the city limits of a highly visited tourist town in Colorado. The property was purchased several years ago and the house was leveled to build a custom home. The owners...
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I'm in the market to buy my first home (30 year fixed), and today I talked with my first potential lender. It made me realize that I need to get ALOT more educated. LOL.
They approved me for up to $200,000 at 6.25...
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We are coming up on our first full month of rental income and it's nice. The tenants do seems to be a bit whiney and once a week seem to have a new gripe and I'm going back and forth with the property manager on some...
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Hello all,
I have a question about purchasing multifamily turnkey properties. Is there a formula for this or would you want to purchase at full value and look to gain your investment back in cash flow? I kn...
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Hi,
I am looking to move IRA money into a Solo 401K with checkbook control. For now most of the funds will go into real estate partnersips but eventually I may move some into direct real estate.
Does an...
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Hi, I've listened to some episodes of the Landlord Diary, and many hosts mention that when they do rental arbitrage, they price their properties at 2 to 2.5 times the base rent. This seems unrealistic to me. After che...