Martin Andersson
Depreciation calculation after 1031-exchange
In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...
Ian Tyndall
Want to collaborate on building a STR GPT?
Hello world!This week OpenAI announced the launch of its custom GPT functionality. I started one to help STR hosts (free to use):ChatGPT - STR Property Optimizer (openai.com)The focus is on discount pricing strategie...
Victoria Bonhomme
How much would you pay for this desert view?
Hello BP nation! I need your help! I am having a trouble to price this view. My first rehab project is happens to be an old million dollars house with a $????$ view in Palm Springs, CA. There is a very few houses aro...
James Myers
Should I allow my tenant to pay 15th to 15th
Has anyone ever had their tenant pay from the 15th to 15th based on their pay check cycle? I have a tenant that said the realtor I use to find tenants for me told him that he could pay on the 15th on each month. I ju...
Moazzem Hussain
Help with insurance company screwing me over
I had some water damage at a rental back in February. The insurance company snd adjuster keeps making excuses and dragging the process a long. Its September and I haven't received anything. I haven't been able to repa...
Anita Ainsworth
Roof insurance claim advice
Hi, apologises if this is the wrong forum to request advice on insurance claims. Following the recent storms in the US my Davenport property sustained roof, window and interior water damage. I contacted the insurance...
Chelsea Cashe
The wood to the fire
Hey everyone!
So I am looking to learn the math when dealing with R.E., is there some special quadratic equation that I need to have handy to be able to calculate APR, interests, etc. how do I figure out how much to...
Ryan MacDonald
Changing a rental property price
Hello,I have a question about adjusting the price for a rental property. If I have a rental listed at $650/month and have two people interested but now want to increase the rent to $700 to bring it up to market value...
Colby Brown
Estimating rental rates
Greetings all, in Brandon’s analysis webinar last week, he hit a point where the deal he was looking at didn’t pencil out using the rental rate suggested by Rent-O-Meter, but then he suggested that renovating the unit...
Brandon Sturgill
How Much Weight do You Give to Price per Sq. Ft. During Acquisition
Seems like every retail deal in my area is selling at $100/ft2....would it be easy enough to say that every property selling at $70/ft2 is a deal...thoughts?