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Results (10000)
Navid A. Do I need a LLC to deduct expenses?
27 December 2018 | 10 replies

Good evening BP!

Does one need a LLC or any other business entity in order to claim rental property related deductions on taxes? I recently acquired an occupied rental property in NC under my own name and am curious ...

Christopher Wasowicz Newbie in Normal, IL
26 December 2018 | 9 replies

Hi everyone,Wanted to introduce myself. I'm Chris. I learned about BP after my wife suggested a book she saw in her offices Audible account, "The Book on Managing Rental Properties."  I read it and everything in my wo...

Joseph Charles How much debt is too much
25 December 2018 | 8 replies

I am a former Dave Ramsey fan who as very warily converted to the Robert Kiyosaki "Good debt" thinking. Had $418,000 in debt five years ago and will be debt free ($28,000 left) in May 2019.  After weeks of research I ...

Linda Weygant Why New Western Acquisitions is a pain in my butt
8 November 2018 | 9 replies

The cold calling from the hyper-aggressive people at this company is massively annoying. and I wish they would stop.  I've asked three separate times in the last couple of weeks to be taken off their calling list.Unfo...

Richard Lovering Recourse for improper disclosure??
15 March 2019 | 11 replies

Hey BP peeps! I'm looking for opinions based on the following situation:Closed on a 6 unit last month with 2 other inventors. At closing we were told there were no security deposits in house, by both the former owner ...

Sam Hopkins What tips do you have to reduce tenant impact?
17 March 2019 | 11 replies

What tips do you have to make your tenant not destroy things or help them able to pay their rent? For instance when I buy a new rental I:

1. Remove anything that is hanging.
2. Take down all curtain rods and replace...

Ram Venkat Repainting/refacing kitchen cabinets (tenant versus landlord)
27 February 2021 | 12 replies

Hello my landlord is suggesting I owe 3000 dollars for kitchen cabinets refacing/repainting. Attaching some pictures here.  I rented this house for 4 years, it was a new home when I started renting. Do I have to cover...

Chris Sigler NEW TO REAL ESTATE / First time Buyer
13 January 2019 | 17 replies

I'm desperately trying to find routes into real estate. I have a well paying full-time job so I'm looking to use the money towards setting up a better future with real estate investing. I've listened to many podcasts ...

Daniel E. Borrower fighting foreclosure: what to expect
15 January 2019 | 8 replies

At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. My question is, what is the typical route here? My guess is that 90% of the time this is just a stalling ta...

Terry Lao Another Hot housing forecast for 2019 by Realtor.com
25 January 2019 | 11 replies

Another housing forecast for 2019 by Realtor.com and time to make your predictions. The median national prediction is slowdown in sales of -2.0% and appreciation of 2.2%. All the top 10 cities beat the national averag...