Chad Spanberger
Questions from a new real estate agent
So a few questions came up in our real estate salesperson class and wanted to get more opinions outside of our teacher. The first question was, "when someone ask us why do they need an agent for finding a house when t...
Dana Powell
$40,000 or $7,000 to paint 1368 sq foot rental?
Extensive drywall repair needed in over 1/3 of this 4BR/2BA in Washington,DC. Price includes partial cleaning and then painting of 8 radiators. Contractor's painters are employees with 10-20 yrs tenure with company. ...
Ed O.
What is with the awful guerrilla marketing from BP?
I've been a pro member for 3? maybe 4 years.... Recently, I've received an onslaught of BP solicitations. The first one, was a message from Mindy Jensen. Not knowing this person, I checked it. It was a sad, shameless ...
Kristi C.
Depreciating appliances
As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...
Devante Williams
Contracts for wholesaling
Hey bigger pockets, I'm a newbie to these forums and a newbie to wholesaling as well. I've found a motivated seller and am trying to get this first deal done but I want to have general contracts prepared before I go ...
Cameron Riley
Section 8 VS CASH TENANTS? Please share your comments
Best question all time: If you advertise a rental unit at a certain price, can you change that price depending on the persons • SOURCE OF INCOME •Example: I list a home for 1k a month, that’s for “ cash paying tenants...
Account Closed
VA loan and contractor on Oahu
Hello BP! My husband and I are stationed in Hawaii and plan on buying property around Honolulu. Can anyone recommend a realtor that you have used and that can help us take advantage of our VA loan? Also a possible con...
Sarah Jukes
Non 3rd party tenant background check!?
This is our first rental. I asked the applicants to apply via RentSpree. They are saying they are not happy using a 3rd party system for the application and background check. Because of hacking!?They prefer paper appl...
Angelo R.
Higher security deposit for more tenants
Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...
Brandon Bell
Transfer deed, retain mortgage, without due-on-sale
I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental. My goal is to transfer both the deed and the mortgage to an LLC. My main concern is how to avo...