I suggest gradually assembling a reliable maintenance team that includes HVAC, plumbing, and other essential services.Tenants are responsible for providing access to the property.

Hello BP, I’m writing this post for all the rookies (myself included) I think it will be very helpful for anyone who is getting started. 

I'm advising folks to keep a close eye on Clay, Cicero, North Syracuse, the neighborhoods including and surrounding Eastwood, and the neighborhoods by the university.

I've flipped 6-8 houses, made good profit on those, and just purchased my first 4-unit multi for mainly cost seg purposes/long-term appreciation. 

All of our main entities (i.e.

Each year we've gotten better, and 2024 was a great for us with our main focus being the client experience. 

Bigger Pockets sent out an alternative investment article which included ATM investments as a suggestion. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

Include before-and-after photos, receipts, and a list of all the work done.Curb Appeal: First impressions matter.

When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.