Hello! I want to pose a hypothetical example. If I buy a rental property for 200K where land is valued at 50K and building at 150K. then i can depreciate the building at about 3.6% annually or $5455 in dollars. Let...
I live in Texas. Currently own 2 homes (the one I live in and another rental property). Both of my properties are family homes (3 bed 2 bath). My current home is already paid off. I could potentially lease this home ...
Hi,Any thoughts on maintaining existing lease agreements with current tenants versus using a lease particular to one’s own lease language, particularly if rent stays the same. I’m new to this and thinking that I’d wan...
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
I recently put my rental property up for rent and without much thought added a bunch of amenities that are good for short term rentals (coffee, shampoo, conditioner, body wash, 2x towels, 2x sheets, laundry detergent,...
Hi everyone. I recently pirhased this property in Central Florida. It has a triplex up front (pictured below) and one unit in the back of the property. I have just put a new lighter colored roof on, and have plans to ...
What do you think which is most difficult thing in REI ?
Hi all,I'm Hayden Reed, a fresh graduate from the University of Alabama with a bachelor's degree apiece in biology and geography. They aren't particularly relevant to real estate investing, but I suppose that's what b...
I recently moved back to Fort Benning, Georgia after being stationed in Germany for a few years.
I’ve been living vicariously through friends and colleagues by analyzing deals for them while I’ve been overseas, but ...
Hey team!I am in CT and I am looking to do a BRRR and have a duplex in contract. However, how do I do a rehab when a tenant is occupying a space? I can tell they have been there for a while and the wear and tear on t...