Hello BP - my wife and I have a few vacation rentals in San Diego (3 bedroom homes and granny flats). I've been researching what happens to the vacation rental industry in a recession, and so far what I've seen is tha...
Hello Everyone!I currently live in Los Angeles and considering the following scenario:Buying a single family home with a detached garage across from an elementary schoolCurrently a 3 bed/1 bath but would add another b...
I've already made up my mind. I have 2 well qualified applicants. One is a 30-something couple with a baby. The other is a 53yr old woman who used to be an interior decorator. She brought pictures of the house she...
I have a 1926 bungalow rental in seminal Heights that is a 2bed 1bath 1000sqft. It rents for $1500 per mouth. Should I make an addition making it a 3/2 and increase sqft and charge more in rent? Or should I build an a...
This might be one of the bravest articles I have read in a long time. Without blaming anyone else and taking full responsibility, the author really lays out the plight of the American Middle Class (and himself).https...
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...
So 270k baseline in 2000 condo . Rented in year 20 (2021 ) @2350 mo-
I have what account calls "saved" credits on depreciation of 50-75k due to income exceeding 150k annual .
I /(accountant) depreciated my $270,000 ...
As a landlord I have had many successes and more than my share of nightmares. Every tenant a lesson, learn or repeat until learned, both the good and bad. I learned to take the opportunity of the proposed tenant p...
Hello, I have a quick question. My wife and I are wanting to start investing in rental properties. We both have high income jobs. She has two kids and claims the house and head of household because of her kids. I have...
my question: I have a couple of young college kids that are interested in renting the other side of our duplex. They don’t make enough money individually to qualify, so I was given a good idea to have their parents s...