Chris Clemptor
More questions about depreciation
Thanks to everyone who responded before, this forum is so great. I'm a first time landlord, I rent out half of my house. I'm trying to find out my depreciation number and more questions have come up. I understand I c...
Ken N.
Is Vinyl Plank Flooring really waterproof??
Hello BP, Thank you, everyone, who answered my previous forums on carpeting in rental property... I really appreciate all of your comments! I have decided to go with the vinyl flooring and found this option at Menards...
Leonid Sapronov
Partial 1031 exchange question
Hi everyone,I could probably figure this out eventually, but I'd like to get an authoritative answer. There's probably someone on here who can answer this in 2 seconds.Let's say I bought a rental property for $400k an...
Vishal P.
Illinois Rules - Eviction, Security Deposit, etc.
For investors with experience and knowledge for Illinois (specifically DuPage county) rules, I am looking for some insight on the below:- Can security deposit be forfeited if lease is broken (either by not paying rent...
Hastin Boulger
Moving to Richmond Area
Just started browsing bigger pockets the last couple weeks and joined today. We will be moving for my 9-5 in the next month or 2 and are trying to determine our best path forward with regards to housing in Richmond. W...
Alice He
Process for Tenants in Common
Hi!I'm planning to purchase real estate with my boyfriend as tenants in common, since purchasing through an LLC is complicated with his visa status.Does anyone know what the process is to become tenants in common? For...
Bjorn Ahlblad
Earthquake Insurance for income producing properties
I am a buy and hold investor here in the PNW. I just got quotes for Earthquake Insurance to cover my apartment building in Aberdeen and duplexes in Tumwater. Expensive, but without the income from these assets I'd hav...
Kathleen Rosa
Question about SDIRA remodel
My SDIRA is buying a foreclosure. Can I hire a corporation that my son works for to do remodel work on the property, my son would be involved in some of the work? Company owner says yes it is allowable, because it's ...
Jake C.
Recommended max distance for a self managed rental?
I'm trying to find my first property, buy and hold / rental. What is the maximum distance / time you would recommend my search be contained to?
As a related question, if I bought a duplex, am I on the hook for lands...
Bryan Robinson
FHA Property Loan Questions
Hi all,I'm looking to buy my first duplex and had some questions about the process of refinancing out of an FHA loan after 1 year of occupancy. My situation is this I have 10% saved up for duplex in either Oregon or C...