Tory Sheffer
Cost Segregation Study for Taxes
We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...
Dan N.
Important "less obvious" questions to ask Property Managers when screening them?
Before I start the process of vetting PMs, I was curious as to what are some "less obvious" questions to ask Property Managers that would help me make a decision on who to hire.In addition, if I am a small SFH investo...
Michael Williams
Questions for property managers
I'm interested in having a property manager manage my first apartment building, what are some good questions to ask a property manager besides what are their rates?
Joe M.
How do you manage rentals out of town?
I always see Bigger Pockets members looking to invest out of town.My question is...how would you manage rentals from out of town?I know property management will be a common answer, but if you are not familiar with the...
David Castagna
Tenant late on rent / eviction in Michigan
Hi BP friends,
I have a tenant that has lived in my property for 6 months and has been late 4/6 months. Typically, she is just a few days late and pays the late fee. This month, it is the 13th and she has still not ...
Daniel Okeefe
tenant wants out of new lease
Hi BP members,I have a 4 year tenant that has be fine, no problems and always paid on time. However, lol, in this last year of the lease he asked if he could get out of lease 4 months early because of financial reason...
Kalvin Wilburn
Which one first: Make the offer or apply for hard money loan?
I'm eyeing a single family home listed for $385k and appraised for $510k in 2019. I plan to acquire the property, rehab, refi and occupy as my primary residence for three years and then rent (military). Do I submit ...
Jack Bier
Inheriting a Tenant On Month To Month
Hey everyone!I'm very excited because I am purchasing my first investment property! It's a small house in the Cleveland, OH metro area. I am inheriting a tenant that has been in the home for 6 years, who is currently ...
Tomislav Glamuzina
Vancouver British Columbia Beginner Questions on Mortgages
Hey everyone,New to real estate and just trying to learn as much as possible. So, I will just jump right in. Can some help clarify and maybe go into detail about the process of getting approved for HELOC/LOC in Canada...
Michael Germinario
My Best Property Management Tip Is ...
Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...