Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Scott P.
Multifamily maintenance/capex budgeting
I'm looking at a multifamily building: about 100 years old, 6 units plus 2 long-term businesses, 4 of the units recently renovated, ~$700K to buy, $92K potential income. The proforma shows $1,200/yr maintenance (along...
Arthur R. van der Vant
Keep your rental properties in top shape
As a property owner, it's important to prioritize regular property maintenance to keep your rental properties in top shape. Here are 5 reasons why regular property maintenance is essential:
🏠 Regular maintenance help...
Michael Matesky
I do not know where to start
I am currently a commercial plumber and have been in the business/ trade for four and half years. I have currently been reading two real estate investing books. I am going to get into the boot camp provided on bigger...
Georges A.
Case Study with real numbers. To invest or not to invest, that is the question
Hey guys, I am a new REI looking to invest in my first out of state investment property. Been on the BP forums for a few months trying to grasp as much as I can and over a year now doing daily research about real...
Krystyna Fennelly
Multifamily Vs Short Term Rentals-Which do You prefer??
I've been a single family residential investor for over a decade and it's about time I step up my game!
I'd ultimately love to have a few short term rentals around the country that we can also vacation to. Also ver...
John White
Notifying Tenants I'm Inheriting
Good Afternoon...I'm a month away from closing on a side by side duplex that are occupied by two tenants who I'm inheriting. When do I send them a letter, notifying them that the rent (as of May 1st) will be payable ...
Steven Westlake
Personality conflicts with tenants and maintenance
OK, so I’m having some personality conflict between one of my tenants and the maintenance man. The maintenance man is also a tenant, but in a different building in a different town. These 2 buildings are approximatel...
John Park
Are the Condo Fees Too Expensive? - First Time Homebuyer Advice
Hello,
Not sure if i'm in the right place, but any help is appreciated. I'm a first time home buyer, looking for a condo for primary residence. I was interested this place:
https://www.zillow.com/homedetails/12...
Nik S.
Deal Time!! Who you OR wouldn't you?
I'm looking at an 18 unit APT building.Occupancy is low @ 66%. One reason is the property is in receivership so these guys really aren't to aggressive to stabilize the property, they just want to sell it per the banks...