Hello BP community! First off, thank you all for contributing and helping keep this dynamic resource alive! This community has really made REI appear more approachable and less intimidating. Since finding BP a few wee...
Hey All,I'm in Chicago and my girlfriend owns a condo in Bucktown. Recently saw someone selling a deeded parking spot because they dont use it. I had a thought to start buying parking spaces at condo buildings. In o...
How do you manage security deposits for a non owner occupied apartment rented out by the room? If there is damage to shared space ie: kitchen and bath, do all tenants become responsible or must the landlord cover this...
Good Afternoon!Wanted to know thoughts on a security deposits/fees. I have a property that is going to be rented out at $1450/month. The security deposit will be $1450 as well. Out of the $1450 we take a $250 Non r...
Hi friends, was wondering if anybody here built a simple Excel to do back of the envelope on a house hacking investment? including all the basic elements that drive value, e.g., - reduction in tax liability on rental ...
I am sorry to bring this up to all of you that may be snowed in but I was wondering about your thoughts about having a SFR with a pool. It's very common place that houses have pools here in Florida. I have several ren...
Hi, California investor here with 3 SFH's looking for a different market. Other than Property Management issues - what are things I should consider when investing in a place like Bloomington, IL? Do homes break down m...
Recently heard about NestEgg, which is basically a software that helps manage rental properties. The idea sounds great, I'm just not sure if it'll pan out in practice. I've also heard of apps like Rentfolio and Buildi...
Im buying 2 houses. One is mid-rehab and the other needs to be fully gutted. I plan on finishing the mid rehab house first and then moving onto the other. Problem is someone is living in the other house and his family...
I've been trying to find a definitive answer on whether a landlord (in my case, owner of 4 separate rental units) can take the 20% pass through income tax deduction for tax year 2018 and beyond. I've been reading conf...