Sara Erickson
Short term rental depreciation
I'm wondering if a non-owner occupied short term rental (Air BnB) should have a depreciation term of 27.5 years (residential rental building) or 39 years (commercial rental)? I own 2 small single family homes which a...
Nelline H.
Memorandum on my property
Can someone please give me some advice before I spends thousands on an attorney. I signed a purchase agreement with a seller thinking he was the end buyer, turns out he is a wholesaler and went past our closing date ...
Matthew Stover
International Real Estate .... tips anyone??
You guys are awesome who invest internationally. It's not part of my investing strategy right now, but international investing will definitely be on the horizon.
If there are any tips you can give me, please feel f...
Bienes Raices
Unpermitted room -- insurance
Will homeowner's insurance cover a house that has an extra room that was added on without permits? (garage to room conversion)
Karen Margrave
HOUSE HACKING .. what is it?
Ok I've been seeing the term "house hacking" more and more lately, can someone explain to me what it is? It seems as though there are different variations.
Joel Owens
Detroit on the brink of bankrupty??
Just read this article. I knew Detroit wasn't doing well but this is really bad.
It would seem the city part is very unstable and not a place to invest with all the uncertainty surrounding it.
Anxiety in Detroit Ove...
Tony Georgiev
Commercial Lending, Foreign National mortgage lending
Hello fellow BP members!I am teaming up with an investor from London, England (European Union citizen, has visa for the USA) to buy multifamily property in South Florida (Dade, Broward, or Palm beach counties) with a ...
Tina Lee
Verbally talk my tenant out of lease renewal
Hi all, I have this rental in New Jersey which I have to renewal the lease because by law I have to renew the lease and up to 3.5% rent increase ( yes New Jersey landlord law sucks)But she has been smoking on the unit...
Sean Peters
Lease Expiring - Landlord/Tenants Rights - Clarification Needed
Hi All,I am trying to brush up on my leasing agreements and I think I have researched so much that I have overdone it to the point that I am getting even the basic ideas wrong.The following is pertaining to a COMMERCI...
Mak K.
First Investment- Lessons Learnt for Newbies
I am thankful to the awesome community here. I had few hiccups on my first property purchase and during renting it out. I would like to share it to the newbies. Some are my lessons learnt and some are just observation...