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8 January 2025 | 34 replies
All these will effect long term appreciation and rents.
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29 December 2024 | 8 replies
I think it will also high effect search engine rankings.
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26 December 2024 | 1 reply
As someone who’s just getting started, I’m focusing on connecting with the right people and learning how to present opportunities effectively.
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24 December 2024 | 9 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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7 January 2025 | 22 replies
But if your looking to cash flow like $500 or more per month you might want to look into more cost effective markets where you can purchase a property very cheap and the rents will give you that type of cash flow your looking for.
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12 January 2025 | 25 replies
They tend to rely solely on property managers and fail to effectively oversee the management of the property.
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25 December 2024 | 10 replies
I acknowledged his concerns but was unable to resolve the issue.Since the tenant moved in, I have experienced escalating issues with his behavior, including:Lease Violations:Moving items without permission (furniture, safe, carpet cleaner, TV from his room to another tenant's room).Accumulating boxes in the garage, potentially exceeding the agreed-upon storage space.Installing a security camera in the common living area, which is a direct violation of the lease agreement.Failure to submit a work order for alleged issues with the smart lock, as required by the lease agreement.Behavioral Issues:Aggressive and confrontational communication.Unfounded accusations and personal attacks.Refusal to communicate through agreed-upon channels.Loud and disruptive late-night behavior (banging on the door, kicking the door) due to alleged difficulties with the smart lock, often accompanied by profanity.Harassment of my son, the designated on-site property manager, by making disparaging remarks about me and refusing to cooperate with him.Potential for Neighborhood Disruption: The tenant's late-night outbursts have the potential to disturb neighbors, although no formal complaints have been received.Unreasonable Demands: The tenant unreasonably demands advance notice of my access to the property for storage purposes, despite the prior agreement and my right to access common areas and my own storage spaces.Safety Concerns:While the tenant has not directly threatened us, his actions, including the harassment of my son, have created a concerning and unsafe environment for my son and me.Goal:My ultimate goal at this point is to evict the tenant due to his ongoing lease violations, concerning behavior, the harassment of my son, and the potential for neighborhood disruption.Questions:1.
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4 January 2025 | 11 replies
Since you currently operate without an LLC and report rental income on Schedule E, the vehicle purchase might not seamlessly integrate into your existing tax structure.To leverage Section 179 deductions effectively, you may need to consider restructuring your rental property management operations.
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26 December 2024 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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29 December 2024 | 5 replies
While it might feel counterintuitive, it can sometimes save you the time and cost of a legal eviction.I’d love to hear from others in the forum..Have you found any creative or cost-effective ways to navigate eviction challenges?