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A potential tenant applied to stay in my boarding house. He said he works in GA and NY. He wants to open another branch in Cleveland and wants to rent one of my rooms. I assume that he travels and doesn't care to pay...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,475,000
Cash invested: $400,000
We completed a 1031 exchange to purchase the property and completed...
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In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...
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Hey guys! I am looking to buy my first STR in the Smokey Mountains in Tennessee this spring/ early summer, and am looking for some input from experienced owners in the area. I will be investing with an active equity p...
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I am a remote investor living in Bay area and recently bought properties in Austin and Dallas. I really want to turn those properties into Airbnb listings due to promising ROI and no HOA restrictions … The biggest cha...
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Hi I inherited tenants at my most recent rental. One of the tenants has a lease through June paid December and January rent then let me know she was going to be late on rent submission for February on the 1st of the m...
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A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
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I'm doing my first flip in the next month and have a couple of marketing questions for you veterans out there.
It is an REO that I got a good deal on. I close on the property in early April with hardmoney/private mo...
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Hi. Was looking to see if anyone knows or has had some experience with co-working rental units.
I am near Chicago and manage a property that could be a good fit for co-working tenants. I just don't know much about th...
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I have a vacancy coming next month in Baltimore County, Md. and am considering giving section 8 a try. I get the general concept but I couldn't find great information online about how it worked in my area. I'm specifi...