Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
You don't have to answer that, nor can you because it's subjective, but the point I'm trying to make is that they may not view it as a great deal as it currently exists.
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
6 February 2025 | 13 replies
Unlike long-term rentals, STRs can be treated as non-passive, allowing depreciation deductions, including bonus depreciation (40% in 2025) on eligible assets.For tiny homes, tax classification matters:If mobile, it is considered personal property, allowing 100% depreciation under §179, subject to income limits.
Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Ben Callahan
Do you actually have to live in the house?
7 February 2025 | 11 replies
But if you have an owner-occupied policy while not actually living there, then you don't have the right insurance and may not be covered.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
Should I use my homeowner's insurance policy to cover the costs?
Chris M.
Questions about putting property into an LLC for asset protection
18 January 2025 | 3 replies
Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets?
Mark Simpson
Interesting use case for ChatGPT Operator:
29 January 2025 | 6 replies
I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life":
Adam Sherwood
Duplex House Hack
5 February 2025 | 2 replies
From there I accepted and negotiated to have the seller cover the cost of replacing the roof.
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
A DSCR loan could definitely work, especially if the park’s cash flow can cover the debt.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).