Tenants moved in 11/1/18. Property is out of state. I manage, but have a friend locally whom I pay to handle things I cannot do from afar. Tenants have done a few things that have caused me to question their honesty. ...
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Hello,I just sent out my first mailer using @Jerry Puckett In NJ somwhere.I started getting calls yesterday and it is a disaster, I will try discribe all the issues one by one.Someone calls while I am in the car I ans...
What works -
1. Investing in well built properties that are able to generate positive cash flow with current rental rates
2. Becoming knowledgeable about a sector or sectors or geographical area (s) and limiting yo...
Hi BP nation,I am very sure you all will be rather surprised to see this often belated question come up again? Well, I am forced to ask this question because I have read a couple of REI machinations being bandied arou...
I am doing a rehab an older house that will be a rental when it is finished and I was wondering, has anyone put an instant water heater in a rental? I have had the electrical upgraded and added a second bathroom to ma...
My wife and I bought our first house, as our primary residence, and have planned on doing much of the repair ourselves. First order of business has been the bathrooms in the house. Before we even moved in, I had to ...
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...