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Hello BP! I am a new investor in the Denver area, currently looking to get into my first house hack. I've been listening to the podcast for about 8 months now and finally decided to be active on the forum. Would love ...
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A family member of mine is getting up their in age and wants to transfer her investment property to us. She just doesn't have the will power to maintain it, deal with tenants etc. The mortgage does have existing ba...
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Hey BP,Purchasing a 2nd home with 2nd home mortgage, but using the home as a STR. 1. Can I use depreciation of the home to offset rental income gains? 2.How do I take advantage of tax deductions if purchased as a 2nd ...
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Any advice you guys can give me on this deal would be greatly appreciated, even if it is "Not a chance in hell". Here it is:A 3400 sq. ft duplex on a large lot for $185,000, which works out to be roughly $54/sq. ft. T...
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Thinking about renting out the two bedroom apartment that is going to be below our owners unit in Avondale. Are y’all having luck in this area with short term rentals? The kitchen isn’t super modern but is updated and...
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What amenities or consumables do you provide guests that sets you apart from the competition and earns you rave reviews?
- Welcome basket?
- Video games and pool table?
- Hot tub?
- Pellet gun, list of creatures, ...
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A few weeks ago there was an Arctic blast coming through our area, lows in the teens expected. I had a tenant move out and at final walk through they said they would leave the keys on the counter when they left. Thi...
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Hello,
I currently live near Midway Airport (Chicago) and the area has definitely changed. I would like to relocate my family to a home in one of the surrounding suburbs. So, I feel stuck since we have good equity on...
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I took my tenants that lived in one of our apartments to the magistrate on August 3rd for lease violations and owed rent. The judge gave a judgement against them and they moved out yesterday August 13 without paying t...
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Just curious what everyone thinks - cedar shingles or vinyl siding? My house is in the need of being resided. Currently, it is an owner-occupied 2 family but hope to move out in a year or so and keep it as a rental....