
5 September 2024 | 14 replies
@John BertolonIf your goal is to have tenants move out so you can do renovations I'd hold off on doing upgrades unless they lead to higher rents.However, if you want to keep the tenants and the repairs are inexpensive and beneficial long-term, it’s worth doing because vacancies will cost you more.Replacing items like appliances can be costly, so if they're working well, I wouldn't address those kinds of requests.

3 September 2024 | 1 reply
I’ve prequalified for a mortgage as long as I have a signed lease saying I’m renting my current house.

4 September 2024 | 8 replies
So it worked out for both of us, and they'd sign a long-term lease.I'd suggest looking into sober living operators in your area.

4 September 2024 | 6 replies
If you’re looking for any specific guidance or just want to chat about how to scale from wholesaling to more long-term investments, I’d be happy to help.As for online seminars and meet-ups, BiggerPockets is a great place to start.

30 August 2024 | 4 replies
This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my portfolio are using a HELOC/1039 tax exchange to purchase a second investment property/multi-family property or refinancing my current investment property into a conventional loan to utilize another FHA loan for a primary residence (with the idea of eventually turning that into another long-term rental).I currently have a 7% interest rate, and am considering refinancing in the coming months if/when the rates drop.

3 September 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

3 September 2024 | 2 replies
I hope everyone are having a relaxing long weekend.

2 September 2024 | 8 replies
I just got a premium renewal for 4 of the multis bundled together that went from $4000 last year to $9200 this year.

5 September 2024 | 9 replies
However, don't prioritize return of capital over return ON capital.Focusing on strong rental areas, high quality tenants, solid property upkeep and long term gains will keep you alive in this business longer.

1 September 2024 | 2 replies
I told the tenant that I will be allocating their last months rent, that was transfered from the prior landlord, for the month of September and served the tenant a 30 day notice to quit (no cause).