Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
Hi everyone, so selling a quad in Louisiana and set to close on Jan 4th, however, I have 3 tenants that have been behind and despite months of asking my manager to process evictions if they did not catch up, I now hav...
Have anyone done business with Mikyle Jessen (http://www.linkedin.com/pub/mikyle-jessen/29/376/333) from Midwest Corporate Credit, Inc?
They provide unsecured business line of credit.(http://midwestcorporatecredit.c...
What is the correct way to deal with a tenant that gets extremely offensive in both emails and in person? Basically 2 out of the 3 people in the apartment act this way, 1 is much much worse.
He has not physically th...
I’m in the process of buying my first rental property. My credit union is offering 3.1% on an15 year while another lender is offering 4.87% on an 30 year for investment properties. I’m 46 and aim to retire by 65. With...
Hello BP community,
I'm new to investing and also new to BP. My interest in STRs was sparked by reading several posts here and the book "Short Term Rental, Long Term Wealth." I've also listened to a few episodes of t...
Can someone please explain what the benefits are to the buyer? I get the benefits to the seller and agent.
Hey BP community! I would be very interested in your thoughts on feedback. Here's my question:At what point do you believe it is wise to stop reinvesting your cashflow into more properties and start focusing on princi...
So after a 2 year drought from BP I finally got my act together and really started to get my mind and personal financial affairs in order. I will be debt free at the end of January. I have already 2 months of an eme...
To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...