Kim Wendland
Your advice for a poor condition property that is 100% owned?
Hey Fellow BiggerPockets Landlords, Most of the materials I've been learning about from Bigger Pockets assume you're buying a new property. But what if you've owned a BRR and didn't do the last RRs (refinance or repea...
Jason P.
Question on appraisals
I’m doing a cash out refinance on my property (2.65%) and I want to get the highest appraisal amount. This is my primary residence. Since I have bought it I built a 14’X24’ shed on a slab permitted with electrical. ...
Derek Luttrell
Why is CapEx viewed as a percentage?
Hi Everyone, On the hunt for my third property, I've been running dozens of properties through our beloved BP calculator. What I've been wondering is, why would CapEx be seen as a percentage of any given rent? Whether...
Meghan Macur
Are unofficial offers harmful?
Several times already, my realtor has called the seller or seller's realtor with our offer price instead of submitting an official offer. It seems like that could be good, in that you get an answer without having to d...
Eric Turrentine
Need Help on Deal Analysis
I could use your input on a propertyThe house is a 3/2 1367 SF Singe family in Union City, GAThe owner is asking 60,000 my ARV is 86,200The unit is in good condition and is currently rented for 750.00I checked Rent O ...
Eric Uhls
Renting property from your own LLC
Is it legal to transfer your property to an LLC you own, then have that LLC rent it to yourself?
The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they w...
Steve Wright
Repairs & Maintenance Deduction on First Rental?
Hello! Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend). I understand that I can deduct repairs and maintenance, though not improvements. My question is, does th...
Michael Hoffman
Best Direct Mail Lists
So I have been doing my research into markets and have settled on looking in the Kansas City Market since I have personal connections there and it seems to have great ROI. I am in the process of putting together a dir...
Renee R.
Tenant alters lease
I just closed on a duplex that has tenants in both units. I sent them each a letter letting them know where to send the rent check, where their deposit will be held and the lease that reflects the same terms as the pa...
Eric Espinosa
Real estate license?
easy question I think...do I need one? If not, does having one help? I see it as if I'm going to invest money to learn anything, why not real go for the licensing, right? Been reading up on this lately and my guess is...