Joshua F.
Most important aspect of real estate that is rarely talked about?
I’ve listened to countless BP podcasts and am currently reading a few different real estate books. I am curious as to what the more experienced investors think is something very important to know, but is not discussed...
Andrew Namkoong
Depreciation Basis for BRRRR property
Hi everyone,I am trying to figure out what the depreciation basis will be for the property that I will be closing in two weeks.I am buying a property with full cash, doing some minor exterior rehabs (place is already ...
Abdul Azeez
Is this standard operating procedure?
I have a property manager managing my rental in Memphis, TN. There was a pipe burst which was fixed by the management firm for which I was charged. There was a charge for drywall repair that has not been done. However...
Mark Updegraff
Looking for REALTORS® in Rochester NY
Hi Everyone, If you're looking for a place to learn everything about real estate and it's intricacies and you're in the Rochester NY area, look no further! We've devised the best training regiment based on year...
Carole G.
Puppy in apartment, lease says no, advice wanted
We have a tenant who has a puppy, even though her lease says no pets. She is claiming it is a service dog in training. The Scottsdale library doesn't allow "service dogs" who pee and poop where they shouldn't. I do...
Cordell M.
LLC and Self-Managing
My dad, brother and I have an LLC for buy & holds & manage our own units.My brother is an accountant/CPA, handles the finances.To be a property manager in the state of PA, I'm of the understanding you need to ...
Michael Gunther
Tax deed auction sales and existing mortgages
Do existing mortgages get removed from a property that is sold at a tax deed sale in California? TLDR: All my research seems to indicate that an existing mortgage would be removed. However, I asked Chat GPT this que...
Bryan Hancock
Depreciating Land - Legally?
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Robert D.
Dog urine in carpeting
Hey all so as im cleaning out one of my rentals i thought about something so excuse me if this diesnt turn out right. Doing this from my iphone. So in another thread i posted had a bad tenant. Long story, i have dog u...
Michael White
Seller Financing - Minimum terms?
Are there any typical minimum terms that those providing seller finance impose on the buyer? Surely as the whole point of selling financing is to obtain a long term steady income, it wouldn't be in the interest of the...