How much do you put in holding each month for maintenance and cap ex? Let’s say it’s an average condition duplex the roof is 10-15 years old hvac and water heaters are 5-10years old
Hello BP Community. It's been sometime since I last posted but I need some help. I have a property under contract in which the owner divorced her husband around 20 years ago. The title company said the divorcee decree...
Howdy I know I am crazy but I leased a room in my house to a girlfriend. Anways ended u that I moved out and she has ended up taking over renting the whole place. On top of that she started running a successful airbn...
Here is a couple of links to videos of an ex IRS agent talking about her experience and fraud within:
1) http://www.youtube.com/watch?v=s1UT2Ms5E2k
2) http://www.youtube.com/watch?v=F9PSYkWIuIs&feature=related
Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
Seeking creative advice. Recently divorced. Have a home in Fl and TN. I hold mortgage on both. Both were community property. Wife quit deeded both homes to me, but I have to pay her 50% of value of Fl home (approx 53...
For tax purposes, would a $600 roof repair on my rental property be recorded as a capital expenditure, or regular maintainence?
Hey there everyone! Trigger-shy newbie investor here. I have been a long time lurker here on biggerpockets and thought I would share my biggest roadblock to investing in that first deal. Maybe you all can help get me ...
Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
A property next to a property I own is boarded up... I finally got through to the owner and is ex husband. he tells me "ex wife will never sign off because she is mean, she will not talk to you, I own 99% and she owns...