Cedric Moore
How do you work hard?
I read an amazing article today by a 22 year old millionaire named Tucker Hughes-https://www.entrepreneur.com/article/276134 It inspired me to dive deep and examine my daily productivity, clarity for my goals, and how...
Allan Ste
converting owner-occupied duplex to fully rented duplex-depreciation question
Hello,
Was wondering if I could get some guidance from someone who may have some experience with depreciating rental property, specifically for tax purposes.
I have owned a duplex since 04 and have owner-occupied it. ...
Peter Morgan
Making your tenant PM a bad idea?
Hi,I need to move out of state due to my job.I got two options sell my multifamily or manage from remotely with the help of a Property Manager. Rather than hiring a PM would it be a good idea to make one of my trust w...
Felipe Burga
I'm going to inherit $200K. How can I invest it?
Hi,I'm about to inherit around $200k. How can I invest this money in real estate? Specially with complicated the market is at this time. I have been trying to simulate different scenarios by buying property with 20% d...
Ben Lovro
Protecting Yourself: Due Diligence with Your Broker
IntroductionIn the world of real estate, there's a saying: "Buyer beware." It means that when you're buying or selling a property, you need to be cautious and informed. That's where due diligence comes in. But what ex...
Matthew Brill
Exterior doors in a rental
I just bought a triplex in South Florida as a house hack. One of the units that will be occupied by a tenant has an exterior sliding glass door that opens to the backyard that doesn't close or lock appropriately. Am I...
Allison Ezzi
Construction Loan Structure??
Hey there BP!I need some advice on how construction loans "typically" work.I am working with a private lender on a construction note., now this is not a typically loan that this individual provides, but he is willing ...
Dan Panea
Bookkeeping, Accounting and Taxes
Hi Friends!What do you use for bookkeeping, accounting and filing taxes, as you start up? Of course, as you grow, you need a CPA, but for the first 12 months as you start out, what do you use? Do you use an online pro...
Account Closed
Grad school or REI?
Hello, everyone!
Let me say first how I love , love BiggerPockets!!
Second- I got a situation here: i graduated from UCLA last year (biochem degree) then left to Russia to do some investments there ( got the whole...
Mark Hall
Successes in home automation for rental units?
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...