Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
Repairs and maintenance could be expensed.
Patricia Smith
Any Recommendations property management comp. in Cincinnati, OH?
2 January 2025 | 13 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!
Michael Brown
RARE Palm Springs duplex fixer
2 February 2025 | 0 replies
Property already has new permitted electric service and 2 new panels, ready to remodel.Property would sell around $550k as is, closer to $900k remodeled.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Rahul Grover
Hourly/per-showing contractors (agents?) for rental properties
29 January 2025 | 4 replies
Looks like a good service but they seem to require a minimum of a 100 doors?
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc.
Bruno P.
Screening Fee amount (is it OK to charge more than $25 in WI?)
31 January 2025 | 4 replies
I am not aware of any issues with using third-party screening services.
Geoff McFarlane
Sell our home or rent it out?
20 January 2025 | 7 replies
Your income isn't high enough for it to make sense as a rental and the closer you get to your residence limit the greater pressure you will have to sell it before losing your exclusion in whole or part. 500k right now can make $15k per year income with zero maintenance or tenant risks.
Mark Forest
Matt Scott
20 January 2025 | 9 replies
Investors considering his services should be very careful.
Felicia Jenkins
House rent or not outside Atlanta
21 January 2025 | 15 replies
Quote from @Michael Smythe: @Felicia Jenkins the shorter the term of the lease and the more tenants there are, the more challenges you'll face - especially if you plan to manage remotely.Who will be your boots on the ground, do showings, maintenance, etc.?