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One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
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I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
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Hi. I am curious if you buy and hold landlords put more money on your mortgage payments, or somewhere else. I am talking about cash flow. After all expenses, say a property is producing $400 monthly cash flow. The...
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We bought our house a couple years ago and was wondering if there was a good time to think about renting your house out? When we bought, we bought with an FHA with 3.5 down. The house was 319,999 and our down paymen...
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Hi BP!Just wanted a quick opinion, I am very new to REI and decided to start out wholesaling to build some cash for our first rental property, that being said, while driving for dollars I came across a 3 family nearby...
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What are the criteria that people consider when deciding where to invest? It seems that it often comes down to comfort level and familiarity with markets. I am comfortable with in-person property searching but have no...
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We have been investing in real estate for over 20 years but always buy and hold. We are selling on our first flip and I have another house under contract. I would like to file a 1031 Exchange to differ capital gains. ...
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Hello everyone! This is my first post on BP and really am look to both add and gain value in my discussion. We are just delving into real estate by reading a few books and getting some knowledge under our belts as it ...
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So I am currently looking to replace my old tenants in my house hack and have gotten a lot of interest. Roughly 70 people have reached out to me to see the property! I have had a few showings and today got two appli...
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Can anyone explain accelerated depreciation and when to use it? Any other awesome tax benefits to discuss?