Carlos Perez
$0 Land Value possible? What depreciation can I use?
Hi, my first BP question here.Im looking at a property in the property appraiser website of my county and its showing this property as having $0 land value. The property is a 2nd floor apartment and is part of a condo...
Max Powers
Common to pay travel exp + mgt fees?
I have several other properties and pay the property manager a fee on total revenue as well as for any supervising they do for work done on the property. I just bought a new property in Florida with a different manag...
Pratish SHah
Property tax deduction
I bought my primary residence in June 2017. On July 1 2020, I will rent it out for the first time. In our county , I pay 2019 property taxes in 2020. The next half year taxes that I have to pay will be in July 2020 at...
Sebastien Beauboeuf
Do all landlords pay for water in Chicago?
I've been living in Chicago for a while now and I never heard of tenants paying for water. Do landlords in Chicago have to pay for that by law? Or do they chose to do so because it's cheap and use 'them paying' as inc...
Michael Vu
Help Me Analyze My First Deal
I am looking to purchase my first rental property (fourplex with four 1 bed/1 bath units) using an FHA loan and house hacking. At first, I thought it was a great deal, but the more closely I look at the numbers, I a...
Lawrence Allmond
My 1st MHP in upstate South Carolina
I'm considering buying my 1st MHP in upstate South Carolina. . Detail or as follow :7 single wides occupied 3 are 3bd / 4 are 2bdAge: 1970's -1980's model
Owner pays water( city water/ sewer ,homes have HVAC units, ...
Dom Radcliffe
Help to analyze STR purchase
Hello everyone,I purchased a 5BR/5BA townhome with private pool in Davenport resort community for STR use and occasional personal vacation use. I am looking to self manage with a local team for ops/cleaning and some a...
Carolyn Riley
Buying turnkey investment SFR with balance transfer cc offers
Hello folks,I have several offers from my credit cards for credit transfers directly into my bank account for 0% for 18 months with a single 4% transaction fee. My credit limit is about 77,000 for these offers.I’m ask...
Mila Posternak
Buy a House For myself or buy a Multifamily to rent
So I'm a little confused because I read that Grant Cardone said to not buy a house for yourself because it's a bad investment. But when I crunch the numbers I seem to be getting more "profit" by buying a house and no ...
Brent Kiger
Discussion; Expense percentage for Commercial Properties
Hi all, I have a question that I'd love to get some experienced investors to weigh in on. I am curious if there is a generally recognized percentage to expect for expenses when it comes to multi-family apartment build...