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low balling
For a typical lowball offer on a property that you fancy that is getting no bites how low do you start? I know many factors and specifics have to be determined on an individual basis and that they can destroy the meri...
Philip Sriployrung
Bonus Depreciation - Schedule E vs C
Hi everyone,I'm using a FreeTaxUSA to file my taxes. I currently own one rental SFR, purchased May of 2018. I did an online cost segregation study through KBKG. I was able to break out my depreciation based on the 5/1...
Bryan C.
Property Management from a distance?
How many people out there manage their properties remotely or from a distance (out of state etc)? I would love to hear your story and how you do it.....
Colin Carey
Best Rehab Estimate Techniques
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Trevor Toft
No cash flow but great property! Rent or Sell?
I currently own a town-home in a great neighborhood that I purchased back in 2020. I am looking to start my real estate investing journey and my first thought is to utilize a HELOC on my primary residence, rent it out...
Dan Crenshaw
Negligence causes pipes to freeze. Who is at fault?
Every time my tenant would leave, they would turn their heat off (hwbb) to save money. I told them not to do that because you’re not really saving that much AND the cost of a frozen or ruptured pipe is WAY more that w...
Brian Jurvelin
Tenant needs help: is this lease term standard and/or fair?
Hi BP community,I am a tenant and had a question about the following statement in my lease agreement:"Regardless of assignment of responsibility, tenant agrees to be responsible for the first $250.00 of any repair or ...
John Hall
Mobile Homes - Rent or Flip?
So I've made a few calls today on some MHs in the area, I can pick up 3 now for a total of 10,000. I would imagine I could get them all for around 7k.
the lot rent on these range from 3-600, the CF from these would b...
Michael Baradell
50% rule
Hey guys!! Rookie question here. Can someone give me a breakdown of the 50% rule using this example? I have already calculated it myself, I just want to be sure I am doing it correctly.
Purchase price- $75k
...
Caren Magill
Buying in Markets Far From Home
Hi! New real estate investor here with a goal of investing to replace my income within the next 3 years. I live in the SF Bay Area, which is one of the most expensive real estate markets in the country, so my goal i...