Christopher Brown
Deducting the cost of total house demolition to prepare land for a future rental unit
My Question:I would like to know if the cost of total demolition of a mobile home and removal of debris ($11,000) is deductible in 2022 on Schedule E?
We purchased a property that was adjacent to our triplex property...
Thatcher Glode
Cash flowing within an hour of Denver
Hello All, I am looking at acquiring a buy and hold rental and hoping to find something that breaks even or cash flows within an hour of Denver so I can manage it myself. I realize this may not be easy. I am going to ...
TaRa Mehta
Brrrr Refinancing with a mid-term rental
Hello All,We just finished the reno on our first BRRRR project. I've been approached by a housing specialist asking if we would be interested in renting the place out for 6 months for a higher rent. Naturally I want t...
Jacob Jones
Who has used Open letter marketing?
Hello BP members, I am a wholesaler in Lake Stevens, WA. I have mainly used hand written yellow letters to contact sellers. I am looking for better ways to automate my process to free up time for me to find more leads...
Lynne Hart
Owner considering seller financing - education and resources
Hi all - I have a property for sale and am about to receive a contract that will be cash OR Cash with a portion of seller financing. I get the concepts but need information and experience from the viewpoint of the OW...
Matt John
New construction duplexes
Hello I'm wanting to build duplexes in Houston, Tx. I have an area that I'm focused on that's hot. I have a architect I'm been talking to. Other builders that can help for guidance in the area. I want to shadow a gene...
Leema M.
Building Violations and Permit Process
Hey BP!I’m in the process of purchasing my first real estate investment property in NYC which has an open partial vacate and a couple of ECB violations on the property (work without a permit). It appears that the pre...
Shane Bishop
Quality Water Tests Problems
Hi BP Community,My wife and I are in the process of purchasing our first home which is a duplex that we are planning to house hack near Greenville, SC and we are reaching out for help with a situation we are currently...
Henry Lazerow
Anyone built a coach house yet? ADU
Has anyone built a coach house as an ADU yet? In many areas this can add 3-400k of value. Curious what the costs/quotes have been, options? Been thinking of various ways to create value in deals.
Latoya Pryor
Owner passed away intestate
Hello All,I have a situation. Spoke with a son who mom passed away intestate. He has one sibling. He is interested in selling the property but unsure what steps need to be taken. He believes there was still a mort...