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Hello, my goal is to convert my primary SFH to a rental. From what I read, depreciation is calculated on the purchase price of the investment property. In my situation, I purchased my primary over 22 years ago and I...
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A friend who has a rental property just told me that his rental was ruined by a mom and a daughter tenant who never mentioned they have two giant dogs when they applied for the house. He did mention in his Ad “ no pet...
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Hi,Expanding into PM from RE and will be using Buildium. I am trying to set the chart of accounts up so I can run the books for both the RE and PM side of the business through Buildium. For those that are doing this...
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I am seeking knowledge and wisdom from seasoned Investor/agents. How do you go about your advertising? Direct mail, bandits signs etc..I dont know how laws work in every State, But at least here in Utah If you are a l...
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I posted about networking with other active investors and lenders in my area and BP removed the post because it was deemed an advertisement offer of goods and services. Have others had this issue?
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having trouble finding cash buyers in akron ohio can any one help me out please
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Hi everyone!
That new podcast got my tax juices flowing. One part that struck me was about capital improvements and placing your property in service. I purchased my first property (duplex - house hack) in mid Decem...
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I should start by saying I have already taken the course and passed the state licensing exam. So naturally I feel inclined to pull the trigger since I've already invested all of that time. I live in Michigan if that ...
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As I understand it, cash-on-cash return is the difference between your annual return and your total investment. I often see properties advertised as 15% - 25% cash on cash return. How can you determine this number wit...
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Has anyone used or had a conversation with Roam (withroam.com). Interesting concept on the assumable mortgage front. I'd be curious about your experience.