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Hi–I just bought my first rental property – a 4plex of 1/1s in the Vallejo, CA area. I'm inheriting 4 tenants, 3 of whom are month-to-month. I'm looking for the best way to get the 3 month-to-month tenants up to reaso...
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Hello,
First time asking a question here, inexperienced here so bare with me, here it goes: I am managing 20 unit multi family in Los Angeles that my parents and I own. Its an older building and there are some relati...
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I wasn't sure what category to put this in and I am not ready to name names quite yet but I am in the middle of a very frustrating RE deal. I would like your input on some things I have just learned.I am a former flip...
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We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...
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With the 1031 exchange Do you run numbers as usual on “like kind” properties and then present them to a lender?How would that work being that I wouldn’t need the purchase and renovation cost to be covered completely b...
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We're entering a whole new world with this recession. Likely new banking rules, new ways to make money, new ways to go broke! I'm watching the Coronavirus start to impact the markets, and I'm really curious how things...
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Hello Bigger Pockets. I am attempting to get a deal under contract for a mobile home park, however I am struggling with how to evaluate it. Using the standard MPH evaluation formula found in the BP forums prices the p...
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How many of you out there are working in a sellers market and are just waiting for the market to shift to purchase some rentals? I know for me it's hard to find properties that cash flow right now.
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I own one house in a regrowing market in MD. I have owned this property for 4 years and started living here almost 2 years ago. I bought the house with about $50,000 in equity but since then I have had tenant issues a...
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Hi,My property is built in 1961. HVAC unit is package unit on right side of the unit. Duct works goes from package unit to crawlspace to bottom of the floor to the unit. Duct work is old metal ducts. Air filter also i...