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I'm planning on stocking up on appliances and vinyl plank flooring this weekend for property I own and possibly future ones, just storing the stuff until I need it. How does that all work when deducting on taxes? Do y...
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Dear Fellow REIs, As a newbie in this industry, I have a question regarding wholesale property purchase. I know the there would be lots of hidden risks (e.g. lien, legal issue, etc) when you a wholesale property from ...
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I will try to keep this as short as possible. I am looking to find the most fair solution for both parties as my partners have been great and I hope to do future deals with them. We have a furnished short term rental ...
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I am thinking about providing new tenants with a welcome basket of basic cleaning supplies and household items like: paper towels, toilet paper, toilet brush, plunger, dish soap, and all purpose cleaner. I moved a ...
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I have some very problematic tenants. I already gave them quit notices and will be filing for an eviction soon. However, they keep leaving a pile of junk (boxes, furniture, etc) out on their driveway. Like, their whol...
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Good afternoon BP nation, I always seem to have common items stolen from every rental unit when tenants move out. I tend to see stolen light bulbs, smoke detectors, hydraulic door closers (yes), shower curtains a...
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Good afternoon BP Community. Hoping to get a few second opinions on a situation where we my wife and I had a 2 week renter and we're weighing the options regarding full/partial/zero refund of security deposit. We rent...
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Good morning BP- I tried a forum search but the concept is broad enough I can't find anything popping up...please direct me to an existing blog post or forum discussion if this is redundant.I'm a Toledo, OH landlord w...
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Every lender, whether a bank or a hard money lender, has a list of items they require to close a rehab loan to fix up an investment property. For a hard money lender, here are 5 crucial items that will allow you to cl...
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I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...