Emil Hovgaard
Would you bet on Buffalo, NY?
I am analysing the Buffalo, NY market and would like your opinion on whether you think it is an attractive market or not - and why!The facts are:Annual forecasted % change from 2017-21:GDP 1.6%Employment 0.4%Unemploym...
Kimberly Harten
Down Payment Strategy
New investor in Northern NY. I have an 8-unit residential pending contract submission for 120k. ARV is 150k; which will likely be accepted in northern NY. If appraisal comes in the same or more I'll have at least 20% ...
Kathleen J.
Tenant Forging Electronic Payment Receipts
We have billed our tenants through Quick Books for several years. In August I unwittingly took on a "Professional Tenant" who is making my life a nightmare.His September rent was 21 days late. He insisted his paymen...
Denise Evans
Alabama Tax Sale Redemption Rights
There are four different tax sale redemption periods in Alabama. At the time of the tax sale, the investor receives a Certificate, which entitles it to possession of the property. Three years after the tax sale, the ...
Greg DuPan
Selling flip in Ohio advice needed
Hi all, this is my first post, been reading tons on BP. I have a couple rentals and decided to do a flip this year. Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...
Ryan Broschard
Property Tax Increase - Fort Mill, SC (Lancaster County)
Hey everyone,Quick backstory. I purchased a townhome in Fort Mill, SC (Lancaster County) in July 2023. This is an investment property. The first year my property taxes were $1,619. I have just received an escrow analy...
Steven Grabowski
ISO First Deal - How does this sound?
Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...
Matt Fish
Seller Financing, Objections & Taxes
Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...
Fady Riad
Loan & Cash Flow Question
Hi Everyone,I have a question about loans and making sure you're cash flow positive. I've doing all my calculations as if my loan interest is tax deductable and even though the principle is not I can claim depreciatio...
Greg Baker
Questions about tax write off's with a rental property
We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...