Naga A.
Three Option (1) all carpet, (2) partially carpet and tiles or (3) partially carpet and wood lminates
I received the below cost estimate of three options (all carpet, carpet for a master bed room and carpet for a master bedroom and wood laminate for the rest) from my property manager.
My questions are:
1.) is this c...
Katie Caldwell
Multi-Unit Opportunity - Money Pit or Gold Mine?
Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
Miss Liz
Greetings from San Diego. Buy now or wait until the recession?
Hello,I am a new member and fairly new to BP. I live in San Diego, California and am wondering the following:Should I try to get a duplex now (live in one unit and rent the other) using an FHA with 3.5% down , or shou...
Jeff Filali
Why do people advertise ficticious, inflated ARV figures?
I get contacted almost daily by wholesalers with their next great deal, and it seems like 80% of them just make up ARV's. It seems like they just take whatever amount they want for the property, and add in some guess...
Christopher Smith
This Proposed NY Senate Bill Scares Me!
https://www.nysenate.gov/legis...
The above bill is very concerning to me. I have diligently paid off most of my mortgage debt and now rely solely upon rents from my very modest portfolio of properties. How can it be...
Corbin H.
Hard Water, Hot Water Heaters, & Water Softners
Hello Everyone. I just had my water and plumbing inspected in my 3 story town home rental, and I wanted to run the findings by he community to see what everyone's comments are. The water heater is located in the att...
Julio Gonzalez
What’s the most important thing you’ve learned over the past year
These past 12 months have shown us:
✅ We can’t predict the future.
✅ We can be nimble and flexible.
✅ We are resilient.
✅ Teams can work remotely.
✅ Real Estate can be toured and purchased virtually.
✅ Relations...
Bill Tyler
Suggestions or more crickets?
I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response. I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....
Brandon Levi Eagan
Trying my first BRRRR. Need advice!
I’m looking at a local SFH for sale. This would be my first rental property and first BRRRR.Asking price is currently $100,000. It’s been listed for sale for almost 4 months.3 bedroom 2 bathroom 1780 square feetFenced...
Andrey Y.
$40K tax bill seems off
I just got a draft from a CPA, that I need to write a check of $40K for taxes.
I have in my email where he said even if I don't do a 1031 exchange, my capital gains will be offset by passive carryforwards. I've had i...