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BP,I'll give the story so far on this deal so that you know where we are and can give better advice.Here is the rental advertisement. Let me know if you see anything that I'm missing.Termite HouseWe purchased a small...
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I finally got a chance to see inside the multi-family that I am purchasing in the DFW area. What I thought were 5 one bedroom units are actually 5 three bedroom units (around 900 sq. feet each) with one fairly lar...
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It seems like every year at this time I wish I had something put in place for maint. on furnaces, etc...
I do not have it in my lease and if I did I do not think tenants would pay attention... but it seems li...
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We are in escrow on a fourplex that comes with an additional 4800 sq ft two story warehouse. It shares a well/septic with the fourplex and we're actively looking for something to do with it. This property is located a...
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Investment Info:
Single-family residence buy & hold investment in San Antonio.
Purchase price: $265,000
Cash invested: $200,000
1930’s historic home with a converted garage. The property took $35...
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Hi BP,
It has been an exciting year but also a painful one. I finally bought my first investment property and put a some funds into to create a granny flat studio. Unforeseen because mostly lack of experience and it’s...
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Hello Everyone,
I'm going to purchase a log cabin in the mountains and considering the potential impact of professional interior design. I'm hoping to get some insights and experiences from those who have done this b...
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I'm looking for pros/cons of rental to college students. We have one rental already for college students, and my daughter lives in one room. It's a 4 bed/3 bath, and we rent out the other 3 bedrooms (by the room). ...
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Hello all, we are in the process of converting our downtown Seattle condo to an STR as we move out of the city. It's a two bedroom and we are wondering if changing our current sectional sofa to a pullout sleeper sect...
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How can I go from not claiming allowable depreciation on a rental
property to claiming allowable depreciation without creating an
unauthorized change to my accounting method.
I have owned the property since 2003.
I...