Jason Chu
How do landlords deduct expenses that span multiple properties?
I am wondering if there has been any real solid resolution on this topic. My CPA has instructed me that the auto expenses (at least the proportion used for rental activities), overhead such as office supplies, sof...
Gordon Wong
home equity line to purchase investment property?
I have a home equity line of credit for up to $100,000. The deadline to take out any money is Dec 2012. All the fees have been paid for already. A little info on the line of credit. APR is .25% less than the wall stre...
Terry McCoy
Newbie in area of Bonney Lake, WA
Hello, this is Terry from Western Washington. I am just getting started into real estate and this forum will be my first resource for discussions. My wife and I are in our early 30's, married for 13 years, and have an...
Esther Ghebremichael
Rent VS Sale personal property
I bought a new home and need to move out my current home. Indianapolis, IndianaMy current home has $75k left on mortgage. I bought it in 2012 for $110k. Morgage interest rate 3.38%. I don’t know if I should sale it or...
Abdul Azeez
Help analyze Memphis area - 38116
Hello Folks - I have been presented a few properties in the following marked area and would like your input. The properties are in the 38116 zip code and I have seen mixed f/b in BP (including a shooting incident ment...
Jesse Waters
Too Old or Too Good to be true. 100 year old duplex
I am looking at a 100 year old duplex that is in pretty good shape with a good location.The building has lots of updates, hardy plank siding, new roof, split utilities, updated kitchens & baths, all appliances inc...
CJ Witmer
Need help doing a fair deal with partner
Looking for input and suggestions on the fairest (?most fair?) way to split a deal with my partner/cousin on a property.Some things that may be relevant:- It's an auction about 1/10th of a mile from my own home.- He's...
Nasser Aliseed
New International Investor
Hello BP,
My name is Nasser and I am a newbie from Saudi Arabia. I have a decent job with good salary since 2007 but in recent years I thought that I do not want to only rely on my salary. Therefore, I started explor...
Derrick C.
1 applicant qualifies boyfriend does not
A couple that is applying to live in my first rental unit is currently filling out my application to return to me on Monday. However just talkimg to them he has a previous eviction on his record and is currently betw...
Chantel Porter
Investing in Properties
When investing do you look for appreciation or cash flow. Whats a good cap rate?