we started an airbnb business in 2018, and invested $90k on property and land improvements, and purchasing personal property for the airbnb. Some of these cost qualify for bonus depreciation. Since we started renting ...
My rate lock for my mortgage is about to expire. The seller of the property I am trying to buy really dragged his feet to get to the closing so I asked if he could pay for the rate lock extension since it really is hi...
I recently purchased a duplex in a nice neighborhood of Puyallup, within a few minutes of South Hill, and have been remodeling the property. It will be fully remodeled by the time I move out and rent it out, but I am ...
Is a seller obligated to turn over a unit that is clean and in good repair at close? Seller took a tenants' security deposit as last month's rent just before close and stuck me, the buyer, with a filthy, damaged unit....
I own two properties in Baltimore city. I keep getting letters from Homeserve trying to get me to purchase sewer line backup insurance. The city has contracted with Homeserve to provide insurance against sewer line ...
What approach would you take with this situation? Looking for someone to give me an example of how they would start into building a large long-term multifamily rental portfolio.Current available liquid ready to inves...
Hello BP friends! I apologize in advance for the lengthy post, I have many questions and I am very appreciative of all feedback, critiques, and/or advice. Quick background, I'm relatively new to the BP community b...
Hello All (Hopefully this is the right forum for this discussion!)I recently bought a condo that was owner-occupied for 30 years - and the owner was a big time smoker. The ceilings and walls are disgusting! The smel...
I finally pulled the trigger on my first duplex which is super exciting!!! (It’s been a long time coming). The duplex is in the surrounding Lansing area. I’m doing conventional owner occupied financing 5% down at 4.75...
Hello,I am looking for real-estate landlords who are self-managing their properties. What has been your greatest challenge in managing your rental properties. Thanks.