Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...
I've been a landlord in college town for 10 years now with 5 different properties and do all the property management. Additionally I'm super handy and can fix most any problem which makes my rentals that much more pr...
Hi guys! I put in an offer on my first cash flow prop. And it has been accepted!! How ever I am now second guessing if buying in that Particular neighborhood was a good choice. There is not a lot of diversity, doesn’t...
I have a new tenant that wants to vape. My PM has a no smoking/no vaping clause in her contract, and he (tenant) wants the vaping part removed. Does anyone have any experience with tenants that vape? Will vaping ca...
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Background:So I just got a tenant in my 2nd rental property. I closed on May 23rd, 2013. Tenant moved in on July 19th, 2014. There were some things I had to take care of: change front and rear door locks, replace m...
Hey all! I'm a 20 year old sophomore college student and am just getting back into the swing of learning about Real Estate investing via Bigger Pockets and Brandon Turner's The Book on Rental Property Investing and wa...
For the first month, we are/have booked 19 days in our STR. I'm very pumped about that, good start.
My question is regarding preparation time. Our studio is 400-500 sq ft, so it's not massive or difficult to clean....
Hi Everyone, I am a Canadian real estate investor who is looking to diversify by buying a few CF producing assets in the US. what states or cities should I look into buying first to get my feet in the water. Not looki...
I have a good amount of money set aside in assets that was given to me by my grand parents, roughly $250k. On top of this I have a decent paying job that is also producing enough where even if I didn't have that 250k ...