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Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
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Hi All! Looking for some advice on whether I should let tenant out of lease early. I got an email from my property manager today which has a couple emails between her and the tenant I have on the first floor. This ten...
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I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
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Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
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Hey BP,Curious if anyone out there can chime in on what specific projects within a rehab produce the best ROI. Obviously this assumes that there aren't major infrastructure items to be addressed (ie. functioning roof,...
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I am a new member to BP and have not done any real estate investment deals. I have experience financing them at the Bank I work at, but that is it. So I was visiting with a real estate investor acquaintance over lun...
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We either have our people (my wife & sister-in-law), who are equal owners in the company do the cleaning, or we hire it out.
Our people only do the work on evictions and new apartments.
Incidentally, our cleaning...
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I'm sure opinions vary widely on this but just wanted to get some feedback. I'm in contract on a C class duplex that was build in 1966 in GA for 50K. Went to check it out the first time today for myself and I can se...
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It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
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One of my tenants recently moved out. The place wasn't trashed, but seems like they did no cleaning when they left. Visible dirt/dust on almost every surface, trash (including Q-tips) left on bathroom floor, toilet no...