Ashan D
Ever thought of jumping ship into Business Acquisition?
I've often pondered the thought of intimately learning an industry, scooping up businesses, and building a small empire much like RE investors do. Dry cleaners, nail salons, etc. Sure there's less of them than SFRs or...
Matthew B.
Tenant wants a pool and is willing to pay for it.
I have a tenant who asked me if she could install an above ground pool in the backyard. The backyard is kinda crappy, so it wouldn't physically hurt anything. I'm obviously concerned about the liability and the increa...
Vanessa Brostovski
PEST CONTROL
I recently looked at a home that I'm doing numbers on. The only problem is, how do I estimate pest control into my repair costs unless I get an inspection done? Is there any other way to estimate it now or should I ...
Rick Albert
House Hacking - House with ADU - FHA 203(k) Loan
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $520,000
Cash invested: $100,000
My wife and I bought a single family home with a detached garage. Using so...
Allen Ellis
Ready to buy my first deal: advice welcome
Hi all,I'm getting ready to purchase my first house and would love a sanity check and any advice you all may have.Background
I'm currently living in a rented room costing me $400/moI have some extra cash which I'd li...
Becky Watkins
Deck on an Owner-Occupied Multifamily
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
Michael Bennett
Medium Term Rental
I am interested in learning more about the medium term rental strategy. I recently listened to a BP podcast with an investor primary renting medium term with great results. We have a home in Gilbert AZ that will long ...
Jenni Utz
The Importance of Property Management in Real Estate Investing
Property management is one of the most critical yet often overlooked aspects of real estate investing. Whether you own a single rental property or manage a portfolio of multifamily units, effective property management...
Eric Dubrule
Tax credit for lead abatement
In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
James Letchford
Under Contract on Contanimated Property
In September 2017, I went under contract for a property in Southern New Jersey for $94,500. It needed $65K to give it an ARV of $200K. During my inspection period, we noticed signs of an oil spill around the tank outs...