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 ...
Cassandra Truax
Help me work this one through
Hi,I'm brand new to investing and am learning to work through potential properties. I've got a real life property and am taking baby steps...List price 38,0002 vacant units that rent for $500 eachgross annual income:...
Pope Lake
BRRRR in Birmingham
Hello Bigger Pockets!
I will make this short and sweet - I'm a new investor out of New York looking to BRRRR in the Magic City, Birmingham, Alabama. In terms of my price range I'm not looking to go more than $75k al...
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...
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...
Jay Blumhorst
Purchasing Existing STR That Needs Repairs
Hoping for input from experienced STR investors.. I'm closing on a property soon that is currently used as a STR. It needs many repairs and improvements to be up to the standard that I'd prefer. (Carpet, paint, furnit...
RICARDO RUIZ
RENTAL FINANCING QUESTION FROM A NEWBIE
I was told by a co-worker that banks would not look at my personal home when financing rental units? And that banks make rental financing decisions based how much cash flow the rentals will produce. This does not mak...
Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
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...