Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Stan Tallman
Seller threatening to break contract to put back on market (for more $)
I have a small SFR under contract that's being sold by a flipper. It's a turn key, good flip with a few minor issues. We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...
Ben Leybovich
117-Unit Value-add in Phoenix Closed Today
Ladies and Gents,We don't do too many deals, but when @Sam Grooms and I do a deal, it's something special.Today we closed on 117-unit in Phoenix's South Mountain neighborhood. The complex is named South Mountain Squar...
Daniel D.
Raising rents and feeling guilty??
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
Todd Powell
Portland, Oregon annouces FREE rent; no evictions due to Virus!
My properties are south of Portland, Or but today they announced that tenants cannot be evicted if they fail to pay rent in Multnomah County. Further, they are asking the Oregon Legislature to step in and mandate this...
Ashish Brar
Out of state Rentals for Positive Cash Flow
Hi Guys,I have about 100k cash available to invest out of california. Looking for some cash flow rentals in Houston Texas, Cleveland Ohio, Cincinnati or Detroit. I am thinking of using that for a 20% down to generate ...
Michael Guzik
MYTH BUSTERS....Is being cheap really expensive?
Hey guys I have been listening to a lot of podcasts and many of them talk about frugality and saving money or being cheap. I was always raised to believe that being cheap is expensive, sure you may save money right no...
Justin R.
Pain tenants, and mold, please help
Looking for advice....Nightmare situation and tenants.Hello All, I rehabbed a beautiful house in Southern Ca and recently rented it out Aug 1st. In the first month of the tenants residing my property manager has recei...
Tyler Carpenter
Buying on contract?
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...
Jim Goebel
Opportunity Zones Research
Greetings all. After seeing 'Opportunity Zones' mentioned in a news article last week, I have it on my to-do list to research the landscape for these. I will be updating this thread as I learn relevant items. Pleas...