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Results (10,000+)
Bran Scott Bought 2 4-plex Rentals in Las Vegas - Costing me tons in Repairs - Advice Needed
17 July 2024 | 4 replies
Also, avoid issues with city and S8 inspections.3) Marketing Impact - a purple bedroom doesn't need painting, but usually has to be done to attract a tenant.4) Miscellaneous - anything that doesn't meet one of the above criteria.By logically breaking these down for our owner clients, we help them make better decisions on "repairing to their budget" and avoid over-repairing or being a slumlord.Suggest you use this approach with your PMC to address the $22k bid.Lstly, how many bids did your PMC send you regarding the $2k pest treatments?
Doug Quist Why, when logged into biggerpockets.com can't I comment on articles?
16 July 2024 | 0 replies
(biggerpockets.com)   is inaccurate:"Many readers who are familiar with real estate investing and primary residences will be asking questions about the tax impact of selling a primary residence.
Wayne Poisson Obtaining a U.S. mortgage as a Canadian
17 July 2024 | 5 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Doug Hall SB 9 lot split impacting remaining house value
13 July 2024 | 0 replies
If so, how was the lot with the house on it impacted in terms of market value? 
Randy Vincent Are squatters a common problem for rental property investors?
17 July 2024 | 13 replies
After being on this forum, I'm willing to bet it's not and many on here would not be able to quickly/efficiency clear out or not let it impact their future REI efforts.
Saeed J. Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
Below is a comparison of three states with no state income tax.Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.In order to demonstrate the impact of taxes and insurance on net rental income, I compared the overhead costs of a $400,000 property in three different states.
Hansel Gunawan Convince me! Why should I invest in Columbus, OH?
16 July 2024 | 17 replies
Hey @Hansel Gunawan I'll give you 4 major investments that will have a big impact on the greater Columbus area. 1.
Mary Jay What reason is ok to use to refuse tenant in renting? (Is misdemeanor a good reason?)
15 July 2024 | 5 replies
However, under the "Disparate Impact" legal theory, fair housing issues arise when denying persons with a criminal record involving non-serious offenses and offenses that are remote in time. 
Pinny T. Looking to buy with a turnkey property
16 July 2024 | 5 replies
Thanks A lot has been written on BP about R2R and everything looks solid.I'm a big believer in sticking with 1 market until you build a large enough portfolio and diversification is justified.Like with many investments and not just turnkey, it's important to build a large portfolio.The time and associated risk isn't worth buying 1 or 2 properties if you expect a significant impact on your bottom line monthly cashflow.Most turnkey properties are sold at fair market value or slightly above.Nothing wrong with this as long as property management is solid and does their job with integrity.Buying turnkey you won't have built in equity so no growth can be manufactured and you will have to wait for the market to grow to see an equity gain.Thus, IMO it's important to have mindset where you endeavor to build a large enough portfolio so the monthly cashflow makes sense and the portfolio becomes safer.Much success
Jorge F Rodriguez Renting vs Selling
16 July 2024 | 12 replies
However, I would definitely consult a tax professional about selling your primary residence as the capital gains relief can be hugely beneficial and could impact your decision-making one way or the other.