Is depreciation part of the calculation to determine whenther a property is rented for profit or not ? The IRS says a profit exists if "your rental income is more than your rental expenses" -- but is depreciation con...
I know there are different views on whether you should give Christmas presents to tenants. I find it is a useful practice; it shows tenants that you value them, and I get to go around and visit all of the tenants i...
Has anyone invested in "Turn Key Real Estate"? It was explained you purchase a home that is in need of rehab, then the business you bought it from has a team of contractors and a property management team who rehabs th...
Does anyone have an opinion about TrueRent?http://www.truerent.comI've looked at many, many, different landlord/property management options (Cozy, Propertyware, Buildium, 123Landlord, etc) and this one looks like it m...
Good Afternoon Everybody:I am currently looking at my first Storage Unit deal.Because this is my first opportunity in this space - I would love to get your thoughts as to what should I be looking for? What questions s...
I know there are many companies offering short sale negotiations for residential.Does anyone know of anybody who specializes in commercial short sale negotiations?
Hello All,A little background about my self:I have been doing a lot of research (Books, BP, Podcast, etc.) and I feel that REI is the best step for me to make passive-income. I have been looking at buying a rental pr...
I was wondering what are some of your favorite provisions you have included in your contract that aren't typical provisions?
Something that helps me is I have a provision in my lease that describes the paint brand,...
Hello experts,The applicant has his moments monthly income = 4.3 of the rental monthly and I'm renting the house for $1400 a month. His credit score is 586 and his criminal listed 7 items and his eviction listed one i...