Daniel Wu
Considering buying a SFH and converting into an attached ADU
Hello BP fam,First post on BP! I'm on the lookout to buy a SFH in this crazy market and I'm looking to buy a split level home that can be converted into an attached ADU (upper and lower level living) with its own entr...
Mary Davidson
Help with options after a reassessment
Hello all,
I am wondering what to do. I purchased 2 rental properties (my first) and didn’t realize how much a tax reassessment would affect my numbers. I was told by someone in the auditor’s office that a sale wou...
Jen H.
Raising Rent in SoCal
Hello everyone! I am looking into raising rent for our single family rentals in Southern California. I have not raised rent in 2 years.
I have never raised rent before so want to make sure I send the appropriate pape...
Eli K.
Which Expenses are fully deductible on a rental property?
I read many articles saying that you can deduct your property management fee or your repair costs or your insurance cost from your tax on your rental property, are those fully deductible??? Like if the property manage...
John McRae
Owner financing
I am in process of putting together an offer for a multi unit property in the seacoast area of NH. I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire. I would like to...
Becky Kowalski
Triplex Rental: 2 long-term, 1 short-term
Hi!I recently bought a triplex in August that came with 2 long-term renters. The long-term renters have been in there awhile and are fantastic! However, their combined rent doesn't quite cover the mortgage and expen...
Jade Williams
Finance or pay cash
So I know Cash is always king but how do most of you Landlords buy, Cash or Credit?
Pat L.
Interesting Scenario
Our 401(k) solo holds a 50% 1st position note on an investors rental SFH.
We are taking it back DIL for mtg arrears. With a little rehab it will sell for a good $25-$30k above the balance owed.
My TAX i...
Nettles Mason
DM Marketing Questions
I am starting my direct marketing campaign. I am mailing a yellow letter, post card, post card to start. I used the filters suggested on BP to narrow my list to 1000 ish addresses. 300 a week done in house
1 ...
Jason Archer
Am I crazy ? or is everyone else ?
My wife and I are looking for a two family to start with for our 1st home. Every home we look at is going 50-60k over ask. Recently, 2 we were looking at went 100K over ask. I can't make sense of the last 1. It was on...