Sam Booth
How many rentals to retire?
So I have been investing in real estate in the south since 2021 and now have 5 properties. How do you know how many properties you need to retire? It's hard for me to know how much cap ex and repairs will be in the fu...
Jay Orlauski
Abandonment
Hello, I have a tenant who moved out most of the furniture, including beds , couches etc. tenant has not paid rent in a month - using her 'deposit' she says to cover her last months rent. She has already recieved a 3...
Steve Weihe
Tax deductions-6 month rental before selling last year
Morning all,We sold our house late last year in San Diego and ended up renting it out for the previous 6 months as initially our buyers didn't qualify. We spent almost $12k to get it rental ready (repairs, replacing ...
Carl W.
Tenant Personal Items
Hello all, I had repairs done in tenant's unit and they had a meltdown over damaged property. Tenant still seems to believe I am responsible for their personal items. (We've had a prior incident but tenant dropped it ...
Justin Manges
Hey pros! How are you estimating cap ex?
What assumptions do you guys use when analyzing deals when it comes to capital expenditures? I’m interested in the BRRRR strategy so theoretically I wouldn’t have any cap ex for the first few years.
Jorge Liang
Tenant is a hoarder, leaves personal items out in garage and takes parking spot
My dad (retired) has a rental property with a tenant that has been problematic over the years. Here are the facts:The tenant leaves (more like litters) personal items like toys for her kids, bicycles, and others in th...
Brianna H.
Eviction & Security Deposit
We just evicted our tenants for non-payment. Do we have to send them an itemized list of charges to keep their security deposit?
Mats Daniel Skrede
Correct way to write off inventory first yr after purchase?
Good day, all! Last year I purchased my first investment property. In my bid that was accepted, I included in the conditions that I buy the property as is and that everything will be included with the purchase; includ...
Eric Karabinos
Do I Need Specialized Subcontractors?
Hey BP Community,I'm looking at doing my second project early this year. I completed a rehab to rental last year and used a GC. This time I'm considering hiring subs myself. I'm looking for advice from other investors...
Marlyn Pinckney
What to do if tenant's claims items are missing from storage unit?
Tenant was evicted, we placed all belongings in a storage unit since we knewtenant was not retrieving their items by the thirty days we were required to holdtheir items. Turned over the storage unit to tenant within t...