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I am trying to sharpen the pencil in regards to my financial model for the single family homes that we own. We currently use 3% but I am finding that is inadequate and I am wondering if anyone here had a back of the ...
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I've been working the BRRrr strategy since December (or at least the first 3 steps of it...LOL...bought 3, remodeled & rented them out. I have the 4th closing in a few weeks. All good until now...I received a re...
Are we as home owner’s responsible for tenant charges accumulated during move out? How can we verify if rental management company actually made good faith attempts to send move out balance to tenant after move out or ...
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Hello, Fellow Biggers!I am new, there is no getting around that. Where I live there is a house for sale. From the pictures and description, the house is basically gutted. They are asking 80k for the house. For me, it ...
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Finding the right property manager is a big decision that will have a HUGE impact on the success (or lack thereof) of your rental business.
In my conversations and experience with a number of property managers, I've ...
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Looking for BP input. If you were in my shoes would you take the risk? Quick background.This summer acquired the bigger primary residence, foreclosure bought well 80/20LTV minimal rehab living in it now. Turned the ol...
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Just curious as to exactly how owning a rental property can lower my AGI (adjusted gross income)? I have heard that I can take the following:depreciation, but doesn't this just lower my net income for the property? wh...
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I had a contractor who I had to fire as it became appearant that he could not complete the job. I had already paid him for several items including a few that needed to be redone as they were not done properly the fir...
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Those of you who have invested in mobile home parks...what was something you wish you had done differently during the deal process? What was the biggest lesson you learned? What ways were you underprepared or over pre...